Bachelor of Arts in Economics (BA Economics)

In computing Index Numbers, ___________ is concerned with the measurement of pricechanges over a period of years, when it is desirable to shift the base

by
Question:

In computing Index Numbers, ___________ is concerned with the measurement of pricechanges over a period of years, when it is desirable to shift the base

A.

unit test

B.

circular test

C.

time reversal test

D.

none of the above

Answer» b. circular test

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

Which of the following measures of central tendency is not affected by extreme values inthe sample data set

by
Question:

Which of the following measures of central tendency is not affected by extreme values inthe sample data set

A.

mode

B.

median

C.

median and mode

D.

mean

Answer» a. mode

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

When output exceeds spending:

by
Question:

When output exceeds spending:

A.

there is unsold output, and level of output will fall

B.

there is unsold output, and level of output will rise

C.

there is unsold output, and level of spending willrise

D.

there is no unsold output since the level of spending will rise

Answer» a. there is unsold output, and level of output will fall

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

Expansion phase all but one of the following characteristics.

by
Question:

Expansion phase all but one of the following characteristics.

A.

increase in national output

B.

increase in consumer spending

C.

excess production capacity of industries

D.

expansion of bank credit

Answer» c. excess production capacity of industries

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