Bachelor of Arts in Economics (BA Economics)

Who made the first major attempt to estimate national income in a somewhat comprehensive manner?

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Question:

Who made the first major attempt to estimate national income in a somewhat comprehensive manner?

A.

Robert Fisher

B.

John Maynard Keynes

C.

Simon Kuznets

D.

Arthur Pigou

Answer» c. Simon Kuznets

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

The movie theater industry tracks ticket sales by age groups. A _______would provide anappropriate representation for the proportion of ticket sales attributed to each age group.

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Question:

The movie theater industry tracks ticket sales by age groups. A _______would provide anappropriate representation for the proportion of ticket sales attributed to each age group.

A.

ogive

B.

line graph

C.

scatter diagram

D.

pie chart

Answer» d. pie chart

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

The cumulative frequency for a particular class is equal to 35. The cumulative frequency for the next class will be _________________

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Question:

The cumulative frequency for a particular class is equal to 35. The cumulative frequency for the next class will be _________________

A.

less than 35

B.

equal to 65

C.

35 minus the next class frequency

D.

35 plus the next class frequency

Answer» d. 35 plus the next class frequency

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

Under monopolistic competition, an increase in the number of firms producing close substitutes will make the demand curve ofeach firm

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Question:

Under monopolistic competition, an increase in the number of firms producing close substitutes will make the demand curve ofeach firm

A.

Inelastic

B.

Elastic

C.

Downward sloping

D.

Perfectly inelastic

Answer» b. Elastic

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

Which of the following measures become larger as the data is more dispersed

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Question:

Which of the following measures become larger as the data is more dispersed

A.

median and range

B.

mean, variance, and standard deviation

C.

mean and median

D.

range, variance, and standard deviation

Answer» d. range, variance, and standard deviation

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