» Mathematics for Economic Analysis 1 solved MCQs

If a set C contain all the elements which are present in both the sets A and B, then set C is called

Byadmin April 30, 2021

Question:

If a set C contain all the elements which are present in both the sets A and B, then set C is called

union of a and b

intersection of a and b

complement of a

complement of b

Answer» b. intersection of a and b

Note:

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

» Mathematics for Economic Analysis 1 solved MCQs

If the value of the Jacobian determinant = 0, the equations are

Question:

If the value of the Jacobian determinant = 0, the equations are

A.
functionally dependent
B.
functionally independent
C.
linearly independent
D.
none of these
Answer» a. functionally dependent

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

Read More If the value of the Jacobian determinant = 0, the equations are
» Macro Economics 1 solved MCQs

is a term referring to an intellectual controversy over epistemology, researchmethodology between Carl Menger, and Gustav von Schmoller.

Question:

is a term referring to an intellectual controversy over epistemology, researchmethodology between Carl Menger, and Gustav von Schmoller.

A.
methodenstreit
B.
laissez-faire
C.
cetris paribus
D.
quid proquo
Answer» a. methodenstreit

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

Read More is a term referring to an intellectual controversy over epistemology, researchmethodology between Carl Menger, and Gustav von Schmoller.
» Micro economics 2 solved MCQs

In the Quantity Theory of Money Fischer states that, while other things remains thesame,

Question:

In the Quantity Theory of Money Fischer states that, while other things remains thesame,

A.
Price level varies directly with the quantity of money
B.
Price level varies inversely with the quantity of money
C.
Value of money varies directly with the quantity of money
D.
None of the above
Answer» a. Price level varies directly with the quantity of money

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

Read More In the Quantity Theory of Money Fischer states that, while other things remains thesame,
» Micro economics 2 solved MCQs

A monopolist usually earns

Question:

A monopolist usually earns

A.
Economic profit
B.
Only normal profit
C.
Losses
D.
Profit and losses, which are uncertain
Answer» a. Economic profit

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

Read More A monopolist usually earns
» Micro economics 2 solved MCQs

A seller cannot influence the market price under

Question:

A seller cannot influence the market price under

A.
Perfect Competition
B.
Monopoly
C.
Monopolistic competition
D.
All of the above
Answer» a. Perfect Competition

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

Read More A seller cannot influence the market price under
» Macro Economics 2 solved MCQs

The term business cycle refers to –

Question:

The term business cycle refers to –

A.
fluctuations in aggregate economic activity over time.
B.
ups and down in the production of goods
C.
increasing unemployment
D.
declining savings
Answer» a. fluctuations in aggregate economic activity over time.

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

Read More The term business cycle refers to –

If a set C contain all the elements which are present in both the sets A and B, then set C is called

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If the value of the Jacobian determinant = 0, the equations are

is a term referring to an intellectual controversy over epistemology, researchmethodology between Carl Menger, and Gustav von Schmoller.

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