Question: An increase in income lead to the increase in quantity demanded of thegood: A. negative good B. positive good C. superior good D. normal good Answer» c. superior good Note: The above multiple-choice question is for all general and…
Question: The proportionate change in quantity demanded by a good due toproportionate change in the price of the other good: A. price elasticity B. income elasticity C. cross elasticity D. demand elasticity Answer» c. cross elasticity Note: The above multiple-choice…
Question: The term ‘econometrics’ was coined by: A. marsahll B. pawel C. ragner frisch D. clompa Answer» c. ragner frisch Note: The above multiple-choice question is for all general and Competitive Exams in India.
Question: An identity between two alternative: A. behavioral B. definitional C. conditional D. none Answer» b. definitional Note: The above multiple-choice question is for all general and Competitive Exams in India.
Question: The transformation of physical inputs in to outputs: A. production function B. consumption function C. saving function D. none Answer» a. production function Note: The above multiple-choice question is for all general and Competitive Exams in India.
Question: Student t test is preferred in the case of a, A. small sample B. large sample C. when sample is below 50 D. when sample is above 50 Answer» a. small sample Note: The above multiple-choice question is for…
Question: The difference between the present level of income and the past level ofincome: A. saving B. consumption C. investment D. none Answer» c. investment Note: The above multiple-choice question is for all general and Competitive Exams in India.
Question: The addition to total cost: A. mc B. ac C. tc D. none Answer» a. mc Note: The above multiple-choice question is for all general and Competitive Exams in India.
Question: Revenue function TR = 22x²+14, find Marginal revenue? A. 44x B. 40x C. 22x D. 54x Answer» a. 44x Note: The above multiple-choice question is for all general and Competitive Exams in India.
Question: In econometric models, t+1 indicates: A. net addition B. current value with some fluctuations C. expected value D. none of these Answer» c. expected value Note: The above multiple-choice question is for all general and Competitive Exams in India.