In Fisher’s equation of exchange MV=PT, the variation of which produces aproportional change in price:

April 28, 2021 by admin

Question:

In Fisher’s equation of exchange MV=PT, the variation of which produces aproportional change in price:

Answer» a. m

Note:

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

Cause of Inflation in India is / are:

April 28, 2021 by admin

Question:

Cause of Inflation in India is / are:

deficit financing

erratic agriculture growth

inadequate rise in industrial production

all of the above

Answer» d. all of the above

Note:

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

The largest number of emigrants originated from:

April 28, 2021 by admin

Question:

The largest number of emigrants originated from:

kottayam

ernakulam

palakkad

malappuram

Answer» d. malappuram

Note:

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

Correlation between price and supply is normally

April 28, 2021 by admin

Question:

Correlation between price and supply is normally

negative

positive

zero

none of the above

Answer» b. positive

Note:

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

Strong ordering is a distinguishing feature of the theory given by:

April 28, 2021 by admin

Question:

Strong ordering is a distinguishing feature of the theory given by:

Marshall

Hicks

Samuelson

Adam Smith

Answer» c. Samuelson

Note:

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

A discriminating monopolist will charge a higher price from whichgroup of customers?

April 28, 2021 by admin

Question:

A discriminating monopolist will charge a higher price from whichgroup of customers?

Group with more elastic

Group with less elastic

Group with Unitary Elastic

Group with Infinitely Elastic

Answer» b. Group with less elastic

Note:

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

The Laspeyres price index:

April 28, 2021 by admin

Question:

The Laspeyres price index:

regards the current year quantities as fixed

regards the base year quantities as fixed

regards the base year prices as fixed

regards the current quality as fixed

Answer» b. regards the base year quantities as fixed

Note:

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

For the monopolist, at the profit maximizing level of output

April 28, 2021 by admin

Question:

For the monopolist, at the profit maximizing level of output

price is greater than marginal cost (p > mc)

price is equal to marginal cost (p=mc)

price may be greater than or equal to marginal cost,

price is less than marginal cost (p <mc)

Answer» a. price is greater than marginal cost (p > mc)

Note:

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

At a price of Rs11.00, quantity demanded is 90; and at a price of Rs.9.00, quantity demandedis 110. The price elasticity of demand is:

April 28, 2021 by admin

Question:

At a price of Rs11.00, quantity demanded is 90; and at a price of Rs.9.00, quantity demandedis 110. The price elasticity of demand is:

0.8

1.5

-1.22

Answer» d. -1.22

Note:

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

The advantage of sampling registration is that:

April 28, 2021 by admin

Question:

The advantage of sampling registration is that:

it has full coverage

it is more accurate

it provides the estimate for rural and urban areas separately

all the above

Answer» d. all the above

Note:

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