In classical theory which of the following is found in the economy:

May 6, 2021 by admin

Question:

In classical theory which of the following is found in the economy:

unemployment

involuntary unemployment

less than full employment

full employment

Answer» d. full employment

Note:

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

The foreign trade multiplier also known as the:

May 6, 2021 by admin

Question:

The foreign trade multiplier also known as the:

Acceleration

employment multiplier

Income multiplier

export multiplier .

Answer» d. export multiplier .

Note:

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

For a symmetrical distribution the coefficient of skewness is

May 6, 2021 by admin

Question:

For a symmetrical distribution the coefficient of skewness is

-1

-3

Answer» c. +3

Note:

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

Which is not a fixed cost?

May 6, 2021 by admin

Question:

Which is not a fixed cost?

Monthly rent of Rs. 1,000 contractually specified in a one-year lease

An insurance premium of Rs. 50 per year, paid last month

An attorney\s retainer of Rs. 50,000 per year

A worker\s wage of Rs. 15 per hour

Answer» d. A worker\s wage of Rs. 15 per hour

Note:

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

If a set S1 has n elements and S2 has m elements, how many ordered pairs can form in general?

May 6, 2021 by admin

Question:

If a set S1 has n elements and S2 has m elements, how many ordered pairs can form in general?

m x n

m + n

m/n

none of these:

Answer» a. m x n

Note:

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

At state level, the registration of vital statistics is carried by :

May 6, 2021 by admin

Question:

At state level, the registration of vital statistics is carried by :

director of economics and statistics

chief returning officer

chief registrar

none of the above

Answer» c. chief registrar

Note:

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

In economic theory the costs of a firm

May 6, 2021 by admin

Question:

In economic theory the costs of a firm

Tend to be less than the everyday use of the term costs would suggest

Includes implicit as well as explicit outlays

Always decline as more output is produced

Are usually defined in such a way that profits will be larger than the

Answer» b. Includes implicit as well as explicit outlays

Note:

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

The marginal productivity of labour is:

May 6, 2021 by admin

Question:

The marginal productivity of labour is:

the incremental output due to an increase in capital, ceteris paribus

the incremental output due to an increase in labour, ceteris paribus.

the incremental output due to a change in technology, ceteris paribus

the incremental output due to a change in technology and a change in the

Answer» b. the incremental output due to an increase in labour, ceteris paribus.

Note:

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

If a firm sells its output on a market that is characterized by many sellers and buyers, adifferentiated product, and unlimited long-run resource mobility, then the firm is

May 6, 2021 by admin

Question:

If a firm sells its output on a market that is characterized by many sellers and buyers, adifferentiated product, and unlimited long-run resource mobility, then the firm is

a monopolist

an oligopolist

a perfect competitor

a monopolistic competitor

Answer» d. a monopolistic competitor

Note:

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

Product variation refers to

May 6, 2021 by admin

Question:

Product variation refers to

an activity undertaken by a firm to increase demand

a problem with quality control that tends to decrease demand

an activity undertaken by a firm to make demand more price inelastic

None of the above

Answer» a. an activity undertaken by a firm to increase demand

Note:

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