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Practice Research Questions and Answers

The dummy variable trap occurs when
Leontief Preferences are related to
The following utility function represents what kind of preferences U(x,y) = x2 + y + 2xy0.5
When the slope of average cost is positive then which of the following holds
For which of the following preferences, Engel curve is not a straight line?
In which of the following case , the production cost curves shifts upward?
If income elasticity is less than 1 then the goods are
In which of the following models, price is driven down to marginal cost?
What is the value of elasticity of substitution in case of perfect substitutes?
Among the following production functions which one is having decreasing returns to scale
Consider the following Utility function U(x,y) = 9x+11y. The price of x and y are 8 and 10 respectively. The income of the consumer is 120. Calculate the m...
For the following demand curve, Q=10P-1 , calculate the profit made by the monopolist when Total cost is Rs.2Q and he sells discrete goods i.e. 1,2,3 and s...
Consider A’s utility function to be U(x,y)=(min{X,Y})1/2, the price of good X is Rs.2 and price of good Y is Rs.1. Calculate the total Utility of A if he...
Suppose A consumes only 2 goods X &Y such that A exhausts all the income. Ceteris Paribus, if the price of X rises and the price elasticity of X is 1.2 the...
The Indirect Utility function is = 12M3/27PxPy, where M is the income, P(x) is the price of commodity X and P(y) is the price of commodity Y. Calculate th...
The Indirect Utility function is = 12M3/27PxPy, where M is the income, P(x) is the price of commodity X and P(y) is the price of commodity Y. Calculate the...
Primary Deficit is
Effective Revenue Deficit is
Amber, Blue and Green boxes is related to which sector as per WTO terminology ?
The index of import prices stands at 120 and that of exports is 156. What is the terms of trade
Transaction demand for money, Mt = 0.5Y. Speculative demand for money, Msp = 100 – 250 i Money supply Ms = 300 LM equation from the above data is...
____ in reserve requirements ____ the money supply since it causes the money multiplier to ____.
The level of current inflation is 12% and inflation for the previous year was 6%. The strength of the effect of unemployment on the wages is 1.5. Calculate...
The wealth distribution in a certain country is described by following Lorenz Function F(x) = 3x6 where x lies between 0 and ...
Suppose the reserve ratio is 0.10, Currency in Circulation is Rs.200, Deposits are Rs.800 and Excess Reserves Rs.100 , then calculate the money multipli...
Consider the following production function Y = F(K,AL) = K1/3(AL)2/3 Calculate the Golden state level of capital per effective unit of labor, when sav...
Consider a closed economy wherein C = 0.60 Yd , t = 0.25 , I = 900 – 30i , G = 800, L = 0.20 Y – 50i , M/P = 500 Where in Yd = Disposable Income, t...
Which one of the following is not an assumption of Classical Linear Regression Model
Non-spherical errors are related to
Which of the following test is used for Multicollinearity?
What is the correlation coefficient of the straight line ax+by+c=0 wherein a>0 and b>0
Endogenity is associated with which of the following ?
Refer to the below given table Coefficient of correlation r = 0.90. Estimate the salary when the months of experience is 40...
The two regression lines are 12X+8Y=104 and 24X+12Y=124. Find the correlation coefficient.
Calculate the standard error of the estimate of Y on X regression equation for the following data- N =50 , ∑y2 = 300 , ∑xy = 30, ∑x2 = 480 where, x =...
Which of the following is the first test in the F-G test for Multicollinearity?
When the value of d=4, in case of Durbin-Watson Test, what should be done with the null hypothesis?
Suppose you have estimated Salary = 10 + 12education + 7gender, where gender is one for male and zero for female. If gender had been one for female and zer...
What is the Standard deviation of first 50 natural numbers
For the given data, n=20, X̅ = 40, Y̅ = 60, ∑(X-10)2 = 100, ∑(Y-30)2 =160 and ∑(X-10)*(Y-30) = 80. Calculate the regression coefficient of ...

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