Bachelor of Arts in Economics (BA Economics)

In which of the following situations will an increase in the money supply have no effectupon output?

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Question:

In which of the following situations will an increase in the money supply have no effectupon output?

A.

lm is steeply sloped and is is steeply sloped

B.

lm is vertical and is is steeply sloped

C.

lm is steeply sloped and is is vertical

D.

lm is relatively flat as is is

Answer» c. lm is steeply sloped and is is vertical

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

The market demand curve for a perfectly competitive industry is QD = 12 – 2P. The marketsupply curve is QS = 3 + P. The market will be in equilibrium if:

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Question:

The market demand curve for a perfectly competitive industry is QD = 12 – 2P. The marketsupply curve is QS = 3 + P. The market will be in equilibrium if:

A.

P = 6 and Q =

B.

P = 3 and Q = 6

C.

P = 4 and Q = 4

D.

P = 5 and Q = 2

Answer» b. P = 3 and Q = 6

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

Relation between price of a commodity and demand for another commodity is measured by:

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Question:

Relation between price of a commodity and demand for another commodity is measured by:

A.

Price elasticity

B.

Income elasticity

C.

Cross elasticity

D.

Elasticity of substitution

Answer» c. Cross elasticity

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

Which of the following is not a component of the multiplicative time series model?

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Question:

Which of the following is not a component of the multiplicative time series model?

A.

trend analysis

B.

seasonal variation

C.

cyclical variation

D.

regressive variation

Answer» d. regressive variation

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