Bachelor of Arts in Economics (BA Economics)

Mention the reason for high life expectancy at birth:

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Question:

Mention the reason for high life expectancy at birth:

A.

. low infant and child mortality

B.

. low infant and high child mortality

C.

. high infant and low child mortality

D.

. low birth rate.

Answer» a. . low infant and child mortality

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

Which of the following would not allow you to calculate a correlation?

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Question:

Which of the following would not allow you to calculate a correlation?

A.

a negative relationship between x and y

B.

a positive relationship between x and y

C.

a curvilinear relationship between x and y

D.

a linear relationship between x and y

Answer» c. a curvilinear relationship between x and y

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

The imposition of a maximum price at the point where the monopolist’s SMC curveintersects the D curve causes the monopolist to

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Question:

The imposition of a maximum price at the point where the monopolist’s SMC curveintersects the D curve causes the monopolist to

A.

break even

B.

incur losses

C.

make profits

D.

any of the above.

Answer» d. any of the above.

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

The ability of gasses in the atmosphere to absorb heat from the earth’ssurface is known as;

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Question:

The ability of gasses in the atmosphere to absorb heat from the earth’ssurface is known as;

A.

Global warming

B.

Green house effect

C.

Both

D.

None

Answer» b. Green house effect

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

Regression modelling is a statistical framework for developing a mathematical equationthat describes how

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Question:

Regression modelling is a statistical framework for developing a mathematical equationthat describes how

A.

one explanatory and one or more response variables are related

B.

several explanatory and several response variables response are related

C.

one response and one or more explanatory variables are related

D.

all of these are correct

Answer» c. one response and one or more explanatory variables are related

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

The proportionate change in quantity demanded by a good due toproportionate change in the price of the other good:

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Question:

The proportionate change in quantity demanded by a good due toproportionate change in the price of the other good:

A.

price elasticity

B.

income elasticity

C.

cross elasticity

D.

demand elasticity

Answer» c. cross elasticity

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