A positive definite Hessian fulfills the second-order conditions for

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Question:

A positive definite Hessian fulfills the second-order conditions for

maximum

minimum

both maximum and minimum

minimax

Answer» b. minimum

Note:

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When investment is negatively related to the rate of interest, equilibrium output in thegoods market:

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Question:

When investment is negatively related to the rate of interest, equilibrium output in thegoods market:

is unrelated to the rate of interest

is inversely related to the rate of interest

is positively related to the rate of interest

falls as the rate of interest decreases

Answer» b. is inversely related to the rate of interest

Note:

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The best or optimum level of output for the pure monopolist

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Question:

The best or optimum level of output for the pure monopolist

MR=MC

P=MC

P=AC

Highest P

Answer» a. MR=MC

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The method of banking in which customers conduct transaction through internet

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Question:

The method of banking in which customers conduct transaction through internet

mobile bank

e-bank

e-commerce.

tele banking.

Answer» b. e-bank

Note:

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Average revenue is :

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Question:

Average revenue is :

TR – TC

TR / No. of units sold

TC / TR

MC / AR

Answer» b. TR / No. of units sold

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Inverse of A is denoted as

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Question:

Inverse of A is denoted as

a−1

Answer» a. a−1

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The headline inflation in India is measured in:

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Question:

The headline inflation in India is measured in:

WPI

CPI

GDP Deflator

All

Answer» a. WPI

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Keynesian three sector model consist of:

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Question:

Keynesian three sector model consist of:

Business sector, service sector, external sector

Households, business, government

Government sector, open sector, service sector

Government sector, private sector, open sector

Answer» b. Households, business, government

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The total number of elements of the set of all possible outcome when two coins are tossed

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Question:

The total number of elements of the set of all possible outcome when two coins are tossed

Answer» c. 4

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The starting point of econometric analysis is:

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Question:

The starting point of econometric analysis is:

model specification

formulation of alternative hypothesis

formulation of null hypothesis

collection of data

Answer» c. formulation of null hypothesis

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» Mathematical Economics and Econometrics solved MCQs

Bachelor of Arts in Economics (BA Economics)

A positive definite Hessian fulfills the second-order conditions for

When investment is negatively related to the rate of interest, equilibrium output in thegoods market:

The best or optimum level of output for the pure monopolist

The method of banking in which customers conduct transaction through internet

Average revenue is :

Inverse of A is denoted as

The headline inflation in India is measured in:

Keynesian three sector model consist of:

The total number of elements of the set of all possible outcome when two coins are tossed

The starting point of econometric analysis is: