Practice Research Questions and Answers
- 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, then�...
- 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...
- For a positively sloped LM curve, which of the following statements is CORRECT?
- Which of the following is NOT a postulate of the Classical Model of full-employment equilibrium?
- Which theorem intends to show that the change in commodity prices changes the distribution of real incomes between capital and labor?
- The devaluation of a country’s currency will lead to an improvement in its balance of trade with the rest of the world only if
- What is the investment multiplier when the marginal propensity to consume is 0.60 and the marginal propensity to import is 0.20
- Which of the following is not an assumption of Keynesian Simple model?
- Suppose the reserve ratio is 0.2, Currency in Circulation is Rs.100, Deposits are Rs.400 and Excess Reserves Rs.10 , then calculate the money multiplier
- What is the term used when explanatory variable is correlated with the error term?
- If the expected value of the error is not zero, it is a problem only if this expected value is
- Non-spherical errors are related to
- VIF test is done for which of the following?
- Suppose X has income of Rs.500. He wants to maximise his expected benefit Z1/2 where Z is his money earned. He has two options, 1. Do not invest 2. Investm...
- The demand function for a good is X = 5000 – 10Px + 15Py + 0.2Y, where in Px is the price of X, Py is the price of another good and Y is the i...
- Consider the following production function Q = 20L – 0.2L2 – 20K + 0.2 K2 + 4KL If 20 units of capital is used , what is the upper limit of lab...
- Suppose demand and cost function of a monopolist are Q = 5 – 0.25P and C = 4Q+2. If government imposes a tax @10% of sales. What is the total tax rev...
- What is the saddle point for the following zero sum game? Player B Player A X Y Z X (-2,2) (0,0) (5,-5) Y (3,-3) (-4,4...
- A consumer purchases x1 = 40, x2 = 20 at the prices p1 = 4 and p2 = 12. He is also observed to purchase x1 = 36 and x2 = 8 at the prices p1 = 6 and p2 = 10...
- If the marginal propensity to save is 0.3 and the marginal propensity to import is 0.1, and the government increases expenditures by Rs. 10 billion, ignori...
- For an economy, the required per capita growth rate is 7% , the population growth rate is 3% . Calculate the saving rate for a capital output ratio ...
- From the information provided in the following table, calculate the GNPmp ...
