Bachelor of Arts in Economics (BA Economics)

When disposable income risesfrom Rs 500 to Rs 600 and consumption expenditurechanges from Rs 470 to Rs 560, MPC will be equalto

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Question:

When disposable income risesfrom Rs 500 to Rs 600 and consumption expenditurechanges from Rs 470 to Rs 560, MPC will be equalto

A.

900

B.

100

C.

0.9

D.

1

Answer» c. 0.9

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

During the financial crisis of 2007-08, which financial instruments commonly came to be called “Toxic Assets”?

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Question:

During the financial crisis of 2007-08, which financial instruments commonly came to be called “Toxic Assets”?

A.

treasury bill

B.

mortgaged backed securities

C.

s&p stokes

D.

government bonds

Answer» b. mortgaged backed securities

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

According to Prof. Dennis Goulets the three core values of development are;

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Question:

According to Prof. Dennis Goulets the three core values of development are;

A.

life sustenance, self esteem and freedom

B.

life sustenance, self esteem and rise in material well being.

C.

expansion in per capita output, life sustenance and equality.

D.

none of these

Answer» a. life sustenance, self esteem and freedom

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

In the long run, a constant cost industry

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Question:

In the long run, a constant cost industry

A.

has an upward sloping supply curve as the quantity supplied increases with increases in demand

B.

expands in response to an increase in demand despite rising input costs, and so the long run supply curve is horizontal

C.

can expand in response to an increase in demand without input costs changing, and so the long run supply curve is horizontal

D.

does not expand in response to an increase in demand and so the long run supply curve is horizontal

Answer» c. can expand in response to an increase in demand without input costs changing, and so the long run supply curve is horizontal

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