» Micro Economics 1 solved MCQs

If a positively sloped linear supply curve passes through the origin, the elasticity of supply is:

Byadmin May 7, 2021

Question:

If a positively sloped linear supply curve passes through the origin, the elasticity of supply is:

Inelastic

Elastic

Unitary elastic

Perfectly elastic

Answer» c. Unitary elastic

Note:

The above multiple-choice question is for all general and Competitive Exams in India.

» Macro Economics 2 solved MCQs

The tax cut shift the IS curve to the:

Question:

The tax cut shift the IS curve to the:

A.
right
B.
left
C.
no change
D.
any of these.
Answer» a. right

Note: The above multiple-choice question is for all general and Competitive Exams in India.

Read More The tax cut shift the IS curve to the:
» Quantitative Methods for Economic Analysis 1 solved MCQs

A composite price index based on the prices of a group of items is known as the

Question:

A composite price index based on the prices of a group of items is known as the

A.
laspeyres index
B.
paasche index
C.
aggregate price index
D.
consumer price index
Answer» c. aggregate price index

Note: The above multiple-choice question is for all general and Competitive Exams in India.

Read More A composite price index based on the prices of a group of items is known as the
» Micro economics 2 solved MCQs

In the case of paper currency

Question:

In the case of paper currency

A.
Intrinsic value and face value are equal
B.
Intrinsic value is less than face value
C.
Intrinsic value is greater than face value
D.
None of the above
Answer» b. Intrinsic value is less than face value

Note: The above multiple-choice question is for all general and Competitive Exams in India.

Read More In the case of paper currency
» Mathematical Tools for Economics 1 solved MCQs

The value of

Question:

The value of

A.
300
B.
500
C.
400
D.
600
Answer» b. 500

Note: The above multiple-choice question is for all general and Competitive Exams in India.

Read More The value of
» Kerala Economy solved MCQs

How much was the crude birth rate in 1950 -51 in Kerala:

Question:

How much was the crude birth rate in 1950 -51 in Kerala:

A.
. 44 per thousand
B.
. 28 per thousand
C.
. 15 per thousand
D.
. 25 per thousand
Answer» a. . 44 per thousand

Note: The above multiple-choice question is for all general and Competitive Exams in India.

Read More How much was the crude birth rate in 1950 -51 in Kerala:
» Mathematical Economics solved MCQs

Demand function for a commodity is D = 44 – 7P and supply function S = 2P –10, then theequilibrium price is:

Question:

Demand function for a commodity is D = 44 – 7P and supply function S = 2P –10, then theequilibrium price is:

A.
4
B.
6
C.
8
D.
10
Answer» b. 6

Note: The above multiple-choice question is for all general and Competitive Exams in India.

Read More Demand function for a commodity is D = 44 – 7P and supply function S = 2P –10, then theequilibrium price is:

If a positively sloped linear supply curve passes through the origin, the elasticity of supply is:

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The tax cut shift the IS curve to the:

A composite price index based on the prices of a group of items is known as the

In the case of paper currency

The value of

How much was the crude birth rate in 1950 -51 in Kerala:

Demand function for a commodity is D = 44 – 7P and supply function S = 2P –10, then theequilibrium price is: