Which policy is recommended under flexible exchange rate system:

April 28, 2021 by admin

Question:

Which policy is recommended under flexible exchange rate system:

No policy is needed

Contractionary policy

expansionary monetary policy

Any policy.

Answer» c. expansionary monetary policy

Note:

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

The ratio of the proportionate change in the quantity purchased of agood to the proportionate change in income:

April 28, 2021 by admin

Question:

The ratio of the proportionate change in the quantity purchased of agood to the proportionate change in income:

price elasticity

income elasticity

cross elasticity

none

Answer» b. income elasticity

Note:

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

Decisions made in households, firms, and government are the focus of:

April 28, 2021 by admin

Question:

Decisions made in households, firms, and government are the focus of:

positive economic

microeconomics

normative economics

macroeconomics

Answer» c. normative economics

Note:

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

ISLM is used to determine:

April 28, 2021 by admin

Question:

ISLM is used to determine:

income

interest

both

all

Answer» c. both

Note:

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

The word macro was first used in Economics by:

April 28, 2021 by admin

Question:

The word macro was first used in Economics by:

Keynes

Ragner Frisch

J.R. Hicks

J.B. Say

Answer» b. Ragner Frisch

Note:

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

The property of average or expected value is equal to true value of the coefficient is theproperty of

April 28, 2021 by admin

Question:

The property of average or expected value is equal to true value of the coefficient is theproperty of

zero variance

minimum variance

zero mean

minimum mean

Answer» b. minimum variance

Note:

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

The importance of time element in price determination was firstlyanalyzed by

April 28, 2021 by admin

Question:

The importance of time element in price determination was firstlyanalyzed by

Adam smith

Alfred Marshall

David Ricardo

J M Keynes

Answer» b. Alfred Marshall

Note:

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

When the correlation coefficient r = ±1, the two regression lines:

April 28, 2021 by admin

Question:

When the correlation coefficient r = ±1, the two regression lines:

are perpendicular to each other

are parallel to each other

coincide

do not exist

Answer» c. coincide

Note:

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

An increase in the price of the commodity when demand is inelastic causes the total expenditure of consumers of the commodity to:

April 28, 2021 by admin

Question:

An increase in the price of the commodity when demand is inelastic causes the total expenditure of consumers of the commodity to:

Increase

Decrease

Remains unchanged

Any of the above

Answer» c. Remains unchanged

Note:

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

Kinked demand curve explain which of the following features of oligopoly

April 28, 2021 by admin

Question:

Kinked demand curve explain which of the following features of oligopoly

Selling cost

Price rigidity

Non price competition

Product differentiation

Answer» b. Price rigidity

Note:

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