Bachelor of Arts in Economics (BA Economics)

_______ function was designed by J M Keynes to show the relationship between realdisposable income and consumer spending.

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Question:

_______ function was designed by J M Keynes to show the relationship between realdisposable income and consumer spending.

A.

Consumption

B.

Investment

C.

Demand

D.

Utility

Answer» a. Consumption

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

A monopolistically competitive market is distinguished from perfectcompetition by the fact that

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Question:

A monopolistically competitive market is distinguished from perfectcompetition by the fact that

A.

Few sellers

B.

It has few buyers

C.

It deals with differentiated products

D.

None of the above

Answer» c. It deals with differentiated products

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

The measure of dispersion based on all the observations of the series is …………….

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Question:

The measure of dispersion based on all the observations of the series is …………….

A.

range

B.

quartile deviation

C.

standard deviation

D.

inter quartile range

Answer» c. standard deviation

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

A graphical representation of a frequency distribution is called a__________________

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Question:

A graphical representation of a frequency distribution is called a__________________

A.

scatter diagram

B.

histogram

C.

time-series plot

D.

stem-and-leaf plot

Answer» b. histogram

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