Knowledge used to combine resources productively is called:
Knowledge used to combine resources productively is called:
| Note: | The above multiple-choice question is for all general and Competitive Exams in India. |
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Demand for money arises from
Question: Demand for money arises from
A. Money acts as a medium of exchange B. Money acts as a store of value C. Both A and B D. Neither A nor B Answer» c. Both A and B Note: The above multiple-choice question is for all general and Competitive Exams in India. A business cycle has:
Question: A business cycle has:
A. three phases B. four phases C. five phases D. six phases Answer» b. four phases Note: The above multiple-choice question is for all general and Competitive Exams in India. _____ is the best criteria to judge the validity of a model :
Question: _____ is the best criteria to judge the validity of a model :
A. Assumptions B. Information it provides C. Its simplicity D. predictive power Answer» d. predictive power Note: The above multiple-choice question is for all general and Competitive Exams in India. Regressor refers to:
Question: Regressor refers to:
A. independent variable B. dependent variable C. error term D. dummy variable Answer» a. independent variable Note: The above multiple-choice question is for all general and Competitive Exams in India. An increase in supply means:
Question: An increase in supply means:
A. Movement down given supply curve B. Movement upward given supply curve C. Leftward shift in supply curve D. Rightward shift in supply curve Answer» d. Rightward shift in supply curve Note: The above multiple-choice question is for all general and Competitive Exams in India. Economists use the term shocks to mean:
Question: Economists use the term shocks to mean:
A. unexpected government actions that affect the economy B. typically unpredictable forces that have major impacts on the economy C. sudden rises in oil prices D. the business cycle. Answer» b. typically unpredictable forces that have major impacts on the economy Note: The above multiple-choice question is for all general and Competitive Exams in India.