Practice Research Questions and Answers
- Which of the following is true about Omission(Overfitted) and Inclusion(Underfitted) type of the specification error
- In Durbin-Watson test, if the value of d is 4, then what is the characteristic of the autocorrelation
- For the given data, n=10, XĚ… = 20, YĚ… = 40, ∑(X-5)^2 = 100, ∑(Y-20)^2 =160 and ∑(X-5)*(Y-20) = 80. Calculate t...
- X, Y and Z constitute a random sample of size 3 from normal population with the mean µ and variance α2, find the efficiency of (X+2Y+3Z)/5...
- For the 2 variables x and y with the same mean, the regression equation are y = 5x+b and x=7y +c. Calculate b/c
- At price of Rs.5 quantity demanded is 10 units and at price of Rs.6, demand is 8 units. Calculate the market demand when price is Rs.4
- For the demand function Q=a-P and the Marginal cost = c. Arrange the quantity produced by the following models in ascending order I) Bertnard II) Mon...
- In the Harrod-Domar growth model, economic growth is determined by:
- When the expected future marginal product of capital increases, then the IS curve
- According to Economic survey 2023-24, what is the real GDP growth rate of India in FY24?
- As per the Economic Survey (2023-24), what was the improvement in India's Current Account Deficit (CAD) in FY24 compared to FY23?
- If an individual deposits a sum of money in a bank, then the amount of additional credit that the banking system can be create is
- An increase in the international reserves of an economy indicates thatÂ
- Stagflation describes a situation of
- An indirect utility function
- Which of the following conditions is not necessary for ordinary least squares to be the best unbiased linear estimator (BLUE)?Â
- You have a budget of Rs. 4000 and would like to purchase LPG cylinders from a local seller who charges Rs. 50 per cylinder. The seller has a subsidy scheme...
- Which of the following is an implication of the Solow Growth Model regarding long-term economic growth?
- Which of the following is a key objective of India's New Industrial Policy 2019-2024?
- A monopolist is facing a downward sloping linear market demand. His variable cost of production is zero. The profit maximizing price will
- X pays Rs. 5 lakhs to a person to transport fake currency worth Rs. 50 lakhs. The Police department pays Rs. 5 lakhs to a detective to investigate the crim...
- Suppose that in a particular market, the supply curve is highly elastic and the demand curve is highly inelastic. If a tax is imposed in this market, thenďż˝...
- Saddle point in game theory depicts which of the following
- In the Solow growth model, steady-state growth occurs when:
- In development economics, “poverty trap” refers to:
- In which of the following case , the production cost curves shifts downward?
- Expansion path is related to production theory similarly ________________ is related to consumption theory
- What is the output elasticity of labour in the following production function? Q = 10L0.5K0.5
- When the slope of average cost is negative then which of the following holds true?
- What does the elasticity of substitution depict?
- What is the supply curve of a firm in Perfect Competition?
- Locus point of Isoquants wherein the marginal productivity of one of the factors is 0 is called
- What is the value of elasticity of substitution in case of Cobb Douglas function?
- The utility function of X is such that X likes to consume 2 units of lemon with every 1 liter of water. The price of lemon is Rs.1.00 and that of 1 liter o...
- In the short run, a tariff imposed on imports generally:
- Which of the following is correct?
- When a firm’s decision to produce decreases the wellbeing of others, but the firm does not compensate those others. It is a case of______. ...
- Starting from a position where the nation's money demand equals the money supply and its balance of payments is in equilibrium. Its balance of payments wou...
