Practice Research Questions and Answers

• As per the regression data available: Wage = 11 + 0.24age - 0.23Illiterate + 0.14Married - 0.27Married*Illiterate, where the variables are self-explanatory...
• The correlation coefficient is the________________of two regression coefficients:  ...
• Which of the following is not correct regarding adjusted R2? ...
• Which of the following is correct regarding the Durbin-Watson Test? ...
• Coefficient of correlation r = 0.90. Using the following information, estimate the wage when the years of schooling are 20 years.   Wage Educati...
• The two regression lines are 6X+4Y=52 and 12X+6Y=62. Find the correlation coefficient. ...
• Autocorrelated errors is about
• Calculate the F-statistics for the following, using ANOVA   No of observation Mean Standard Deviation X 5 12 2 Y 5 16 1 Z 5 20...
• Calculate the predicted value of X when Y is 20 X: 16, 54, 35, 25, 44, 51              &...
• Suppose the relationship between Y and two explanatory variables in true model is Yi = 5+2.4X1i-3.5X2i + ei . What is the value of beta(1) in the regressio...
• Which recent policy initiative aims to make India a $5 trillion economy by 2025?
• What is the projected inflation rate for India by FY25 as per the Economic Survey 2023-24?
• According to the Economic Survey 2023-24, what measures helped reduce core inflation in India to a four-year low in FY24?
• A neutral technological change __________
• When the share of output going to capital is 0.25, the share going to labor is 0.75, output increases 4%, labor increases 1%, and capital increases 2%, the...
• A labor-augmenting technological change has no effect upon the
• If 50 percent of the families in a certain city subscribe to the morning newspaper, 65 percent of the families subscribe to the afternoon newspaper and 85 ...
• Country A can produce 10 units of cloth or 5 units of wine in a day. Country B can produce 6 units of cloth or 4 units of wine in a day. Which country has ...
• Country A can produce 10 units of cloth or 5 units of wine in a day. Country B can produce 6 units of cloth or 4 units of wine in a day. Which country has ...
• In the Classical model, what is the shape of the Aggregate Supply (AS) curve in the long run, and why?
• The Fisher Effect postulates a relationship between the nominal interest rate (i), the real interest rate (r), and the expected inflation rate (πe). If th...
• Within the AD-AS model, a phenomenon known as stagflation is best represented by a shift in which curve, and with what consequence for the short-run equili...
• The Ricardian Equivalence Theorem suggests that a budget deficit financed by issuing government bonds will have no effect on aggregate demand. This theorem...
• According to the Solow Model, which factor is primarily responsible for sustained economic growth in the long run?
• In the Solow Model, what is the impact of an increase in the savings rate on the steady state level of capital per worker?
• The Taylor Rule is a guideline for central banks setting the nominal federal funds rate (iT). If the rule is given by iT=r∗+π+0.5(π−π∗)+0.5(Y−Y�...
• Which policy tool is more effective under a fixed exchange rate regime according to the Mundell-Fleming Model?
• Which scenario best describes the 'trilemma' or 'impossible trinity' in the context of the Mundell-Fleming Model?
• In the context of lexicographic utility functions, which of the following scenarios is impossible?
• In a Cournot duopoly, if one firm increases its output, how does the other firm typically respond?
• A Lerner Index of 0 indicates which of the following market conditions?
• Which of the following best describes the short-run Aggregate Supply (AS) curve in the presence of sticky wages?
• If the Gross Domestic Product (GDP) at market prices is $1,000 billion, the indirect taxes are $200 billion, and subsidies are $50 billion, what is the Gro...
• Which of the following deficits indicates the true current fiscal position of the Indian Economy?
• Suppose that one million unemployed persons in a country are receiving Rs. 6000 per month per person as an unemployment allowance. If the government, inste...
• The Compensating Wage Differential theory predicts that, ceteris paribus, jobs that are considered less desirable (e.g., higher risk or unpleasant conditio...
• What was the primary reason for the reduction in India's current account deficit from USD 67 billion in 2022-23 to USD 23.2 billion in 2023-24?