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Practice Research Questions and Answers

If the R2 value for a regression line is 0.75 for 20 observations. What is the adjusted Rsquare value if the number of independent variables are 3?...
Suppose you have estimated wage = 10 + 5skill + 3gender, where gender is one for male and zero for female. If gender had been one for female and zero for m...
Suppose the regression specification y(hat) = a + βx + l z + ε was estimated as y = 5 + 6x + 7z. We have a new observation for which x = 5 and z = -2....
When R2 = 0, the estimated line (SRF) lies
Match the following A. Modigliani I. Liquidity Trap B. Hicks �...
Under Perfect Competition, Consider X’s production function to be Q=(min{K,L})1/2 , the price of capital is Rs.2 and price of labor is Rs.1. Calculate th...
Consider KRK’s demand function for cigarettes for as Q= .02m- 2p where m is his income and p is the price. KRK’s income is Rs.7500 and the price of a...
For a monopoly firm the demand curve is Q=20-2P. For the profit maximizing quantity of 8 units, the mark up of the firm is
For a perfectly competitive industry , the Marginal cost of producing good X is Rs.10 and that for a Monopoly firm is Rs.12. The demand function for t...
A country Kaishala imposes a 10% tariff on imported vehicles but no tariff on imports of machinery or other inputs to the manufacture of vehicles. Suppose ...
1. C = 50 + 0.5 Yd, I = 100 -50i, T=G=100 where, Yd is disposable income, T and G are taxes and government expenditure respectively and i is t...
Transaction demand for money, Mt = 0.7Y. Speculative demand for money, MSP = 50 – 150i ; Money supply Ms = 150. LM equation from the above data is ____...
In a frequency distribution, what percent of the total number of observations lies between the first and third quartiles?
In the context of the Classical model, which of the following would cause a shift in the long-run aggregate supply curve (LRAS)?
According to the Economic Survey 2023-24, what is the target year for India to achieve net zero emissions?
The JAM (Jan-Dhan, Aadhaar, and Mobile) trinity has significantly contributed to which of the following in India?
The Economic Survey 2023-24 highlights a decline in out-of-pocket expenditure on health as a percentage of total health expenditure from 64.2% in FY14 to w...
In a given year, the nominal GDP of a country was $2,500 billion and the real GDP was $2,000 billion. What is the GDP deflator for that year?
In a study examining the relationship between hours of study (X) and test scores (Y) of students, a bivariate regression analysis was conducted. The follow...
In the Classical model, if there is an increase in aggregate demand, what will be the long-run effect on output and prices?
Sonia has decided to always spend one-tenth of her income on shoes. Her income and price elasticities of demand for shoes are
Which of the following is a property of a normal distribution?
Which probability distribution is appropriate for modeling the number of occurrences of an event in a fixed interval of time or space?
Which of the below probability distribution has same mean and variance?
If a random variable X follows a uniform distribution between 0 and 1, what is the expected value of X?
Given the following data for an economy: National Income: $700 billion Depreciation: $50 billion Indirect taxes minus subsidies: $30 billion Net fact...
Given the following data for a country: Fiscal deficit: $50 billion Interest payments: $15 billion Capital expenditure: $25 billion What is the prima...
Which of the following best explains why the J-curve effect occurs?
If Y is preferred over X lexicographically. If income is 100 and price of x=1 and price of y is10, then at optimal bundle the total amount of X is
The economic development in Schumpeter’s development theory is because of
Percentage of values that lie within a band around the mean in a normal distribution with a width of two standard deviations is approximately
What is the correlation coefficient of the straight line ax+by+c=0 wherein a>0 and b <0
Gauss-Markov Theorem is associated with which of the following
What is sum product of the error an independent variable in OLS estimation
Which one of the following is not an assumption of Classical Linear Regression Model
Which of the following is not a test related to Heteroscedasticity?

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