The measurement of economic data:
The measurement of economic data:
| Note: | The above multiple-choice question is for all general and Competitive Exams in India. |
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Ordered pairs of two sets are called
Question: Ordered pairs of two sets are called
A. elements B. function C. cartesian product D. none of the above Answer» a. elements Note: The above multiple-choice question is for all general and Competitive Exams in India. Two sets A and B are said to be …………………. sets if no element of A is in B and noelement of B is in A.
Question: Two sets A and B are said to be …………………. sets if no element of A is in B and noelement of B is in A.
A. universal B. disjoint C. equivalent D. none of these Answer» b. disjoint Note: The above multiple-choice question is for all general and Competitive Exams in India. Suppose a competitive firm produces 100 units of X for a price of Rs.10 a unit. The firmis employing labour and capital such that the marginal physical product of labour and capital is 20 and 5 and the prices paid to labour and capital are Rs. 60 and Rs. 40 respectively. How would you characterize the firm
Question: Suppose a competitive firm produces 100 units of X for a price of Rs.10 a unit. The firmis employing labour and capital such that the marginal physical product of labour and capital is 20 and 5 and the prices paid to labour and capital are Rs. 60 and Rs. 40 respectively. How would you characterize the firm
A. the firm is in long-run equilibrium B. the firm is earning excess profits C. the firm should expand production D. the firm should contract production Answer» c. the firm should expand production Note: The above multiple-choice question is for all general and Competitive Exams in India. REPO rate was introduced in
Question: REPO rate was introduced in
A. 1990 B. 1992 C. 1982 D. 1980. Answer» b. 1992 Note: The above multiple-choice question is for all general and Competitive Exams in India. Keynesian economics is also known as:
Question: Keynesian economics is also known as:
A. Supply side economics B. Monetary economics C. Rational expectations D. Depression economics Answer» d. Depression economics Note: The above multiple-choice question is for all general and Competitive Exams in India. An index number is used:
Question: An index number is used:
A. to measure changes in quantity B. to measure changes in demand C. to measure changes in a variable over time D. to measure changes in price Answer» c. to measure changes in a variable over time Note: The above multiple-choice question is for all general and Competitive Exams in India.