Strong ordering is a distinguishing feature of the theory given by:
Strong ordering is a distinguishing feature of the theory given by:
| Note: | The above multiple-choice question is for all general and Competitive Exams in India. |
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Paasche index was developed by ______economist Hermann Paasche for measuringcurrent price or quantity levels relative to those of a selected base period
Question: Paasche index was developed by ______economist Hermann Paasche for measuringcurrent price or quantity levels relative to those of a selected base period
A. american B. british C. australian D. german Answer» d. german Note: The above multiple-choice question is for all general and Competitive Exams in India. The basic doctrine of consumers’ surplus is based on
Question: The basic doctrine of consumers’ surplus is based on
A. indifference curve analysis B. revealed preference theory C. law of substitution D. law of diminishing marginal utility Answer» d. law of diminishing marginal utility Note: The above multiple-choice question is for all general and Competitive Exams in India. Which policy is effective in the Keynesian range?
Question: Which policy is effective in the Keynesian range?
A. Monetary policy B. Fiscal policy C. Incomes policy D. None of these Answer» b. Fiscal policy Note: The above multiple-choice question is for all general and Competitive Exams in India. At the point of tangency the slope of indifference curve is
Question: At the point of tangency the slope of indifference curve is
A. differ from point to point B. is equal on the other side of the mid point C. is the same D. is increasing Answer» c. is the same Note: The above multiple-choice question is for all general and Competitive Exams in India. The relationship between income and interest in the IS curve is:
Question: The relationship between income and interest in the IS curve is:
A. direct B. indirect C. no relation D. none Answer» b. indirect Note: The above multiple-choice question is for all general and Competitive Exams in India. Value added at each stage of production means:
Question: Value added at each stage of production means:
A. Value of output minus value of input B. Total value added by that stage C. Total value produced at that stage D. All of the above Answer» a. Value of output minus value of input Note: The above multiple-choice question is for all general and Competitive Exams in India.