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Bachelor of Arts in Economics (BA Economics)

An index that is designed to measure changes in quantities over time is known as the

Question:

An index that is designed to measure changes in quantities over time is known as the

A.

time index

B.

quantity index

C.

paasche index

D.

change index

Answer» b. quantity index

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

An index that is designed to measure changes in quantities over time is known as the Read More »

» Quantitative Methods for Economic Analysis 1 solved MCQs

If the amount of the commodity purchased remains unchanged when the price of another commodity changes, the cross elasticity of demand between them will be:

Question:

If the amount of the commodity purchased remains unchanged when the price of another commodity changes, the cross elasticity of demand between them will be:

A.

Positive

B.

Negative

C.

Zero

D.

One

Answer» c. Zero

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

If the amount of the commodity purchased remains unchanged when the price of another commodity changes, the cross elasticity of demand between them will be: Read More »

» Micro Economics 1 solved MCQs

If average variable costs fall as output grows:

Question:

If average variable costs fall as output grows:

A.

Marginal costs must also be declining.

B.

Fixed cost must also be declining.

C.

Total cost must also be declining.

D.

Average cost must be below average variable cost.

Answer» c. Total cost must also be declining.

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

If average variable costs fall as output grows: Read More »

» Micro Economics 1 solved MCQs

Three methods of computing the national income are:

Question:

Three methods of computing the national income are:

A.

Savings, investment and income methods

B.

Outlay, depreciation and production methods,

C.

Production, outlay and income methods,

D.

Revenue, consumption and production methods

Answer» c. Production, outlay and income methods,

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

Three methods of computing the national income are: Read More »

» Micro Economics 1 solved MCQs

Which of the following types of sampling involves the researcher determining the appropriate sample sizes for the groups identified as important, and then taking conveniencesamples from those groups

Question:

Which of the following types of sampling involves the researcher determining the appropriate sample sizes for the groups identified as important, and then taking conveniencesamples from those groups

A.

proportional stratified sampling

B.

quota sampling

C.

one-stage cluster sampling

D.

two-stage cluster sampling

Answer» b. quota sampling

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

Which of the following types of sampling involves the researcher determining the appropriate sample sizes for the groups identified as important, and then taking conveniencesamples from those groups Read More »

» Quantitative Methods for Economic Analysis 1 solved MCQs

In input-output analysis,if the exogenous sectors of the open input output model is absorbedin to the system as just another sector _____

Question:

In input-output analysis,if the exogenous sectors of the open input output model is absorbedin to the system as just another sector _____

A.

the transaction matrix

B.

a technology coefficient

C.

Leontief closed model

D.

the

Answer» c. Leontief closed model

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

In input-output analysis,if the exogenous sectors of the open input output model is absorbedin to the system as just another sector _____ Read More »

» Mathematical Economics solved MCQs