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Bachelor of Arts in Economics (BA Economics)

Wages and prices do not adjust quickly to restore general equilibrium is a property of

Question:

Wages and prices do not adjust quickly to restore general equilibrium is a property of

A.

classical economics

B.

keynesian economics

C.

monetary economics

D.

supply side economics

Answer» b. keynesian economics

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

Wages and prices do not adjust quickly to restore general equilibrium is a property of Read More »

» Macro Economics 1 solved MCQs

The value of the unknown for which equation is true is called ——– of the equation.

Question:

The value of the unknown for which equation is true is called ——– of the equation.

A.

explanation

B.

variable

C.

solutions

D.

none of the above

Answer» c. solutions

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

The value of the unknown for which equation is true is called ——– of the equation. Read More »

» Mathematical Tools for Economics 1 solved MCQs

If the income elasticity of demand is greater than one, then the commodity is:

Question:

If the income elasticity of demand is greater than one, then the commodity is:

A.

Necessity

B.

Luxury

C.

Inferior

D.

Non-related commodity

Answer» a. Necessity

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

If the income elasticity of demand is greater than one, then the commodity is: Read More »

» Micro Economics 1 solved MCQs

Registration of vital statistics is organized at the apex by :

Question:

Registration of vital statistics is organized at the apex by :

A.

director general

B.

registrar general

C.

. census commissioner

D.

all the above

Answer» b. registrar general

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

Registration of vital statistics is organized at the apex by : Read More »

» Quantitative Methods for Economic Analysis 2 solved MCQs

Keynes considered subjective and objective factors:

Question:

Keynes considered subjective and objective factors:

A.

Important determinants of consumption

B.

Unimportant determinants of consumption

C.

Determinants of investment

D.

Determinants of business’s willingness to pay

Answer» b. Unimportant determinants of consumption

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

Keynes considered subjective and objective factors: Read More »

» Micro Economics 1 solved MCQs