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Practice Research Questions and Answers

For which preferences the income offer curve and the price offer curve are equal?
Income elasticity of an inferior good is always
Which of the following functions has a degree of homogeneity not equal to unity?
List – I List – II a. Law of Absolute Cost Advantage 1. Haberler b. Doctrine of Comparative Cost Advantage 2. HescherOhlin ...
Which of the following Herfindahl-Hirschman Index is most consistent with monopoly?
Which of the following four-firm concentration ratios is most consistent with perfect competition?
Lorenz Curve is given by: L(x) = 1/3 (X^3) + 2/3 (x^5). Calculate Gini Coefficient.
Assertion (A): Use of goods and services from which one can be excluded are pure private goods. Reason (R): Such goods and services are not provided free b...
Identify the order of chronological development of the theory of demand. a. Marshall’s theory of demand b. Indifference curves c. R...
List – I List – II a. Kinked demand curve hypothesis 1. William Baumol b. Sales maximization model of oligopoly 2. Paul Sweez...
Let the utility function of a consumer be given by U(x,y) = min {y+2x, x+2y}. Prices are given by Px=1, Py=3, while the consumer’s income is M=20. Then h...
Ed=1 i. MR is negative ...
A central bank decides to increase money supply. For a given price level, the LM curve is expected to
Under nominal wage rigidity, the short run aggregate supply schedule will be
In the basic Solow model of growth
If input prices adjusted very rapidly to output prices as classical economists argue the Phillips cure would be
Which school of economic thought suggested that one possible cause of inflation was a ‘push’ from the cost side?
Which among the following are the main pillars of the Basel III norms? Minimum capital requirements Supervisory review process Market discipline ...
The concept of vicious circle of poverty is associated with
During the planning period, highest growth rate was achieved during
Mahalanobis model is –
If interest payments are subtracted from gross fiscal deficit, the remainder will be
Under the Bretton wood system, the long-term development assistance was to be provided by IBRD IDA IMF All the above Codes:...
In the case of cost-push inflation, other things being equal:
Based on the sticky-price model, the short-run aggregate supply curve will be steeper, the greater the_____
Factor endowment theory is also known as a. Modern theory of international trade. b. Classical theory of international trade. c. Reciprocal demand t...
The Banking Ombudsman Scheme is introduced under which of the following sections in Banking Regulation Act, 1949?
For which of the following consumption functions, the value of income multiplier, k=4?
Concepts of displacement and concentration effect in public expenditure are attributed to A.C. Pigou and J.K. Mehta Alan T. Peacock and Jack Wiseman ...
Calculate Domestic Income: Items Rs in crore Compensation of employees 2000 Rent and interest 800 Indirect taxes 120 Corporat...
List – I List – II a. Organic Composition of Capital 1. Hirschman b. Doctrine of Natural Law 2. Schumpeter c. Innovation ...
List – I List – II a. Psychological Law of Consumption 1. Irving Fisher b. Time preference theory of interest 2. J.M. Keynes ...
Consider an economy described by the following equations: C = 100 + 0.6 ∗ (Y − T) (consumption function) I = 200 − 1000 &l...
Consider an economy described by the following equations: C = 100 + 0.6 ∗ (Y − T) (consumption function) I = 200 − 1000 ∗ r (investment funct...
For two correlated variables x and y, if coefficient of correlation between x and y is 0.8014, variance of x and y are 16 and 25 respectively. Then the cov...
If the regression coefficients of x on y and y on x are -1/4 and -1/9 respectively, then what is the correlation coefficient between x and y?
If r xy = 0, then:
If r is negative, we know that :
Whenrxy>0,thenbyxandbxyareboth: ...
Probability that A will be alive in 20 years is 0.7 and probability that B will be alive in 20 years is 0.6, then what is the probability that they both ...

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