Question
I. The uncertainty induced by the pandemic, coupled with
reduced or lost incomes, ___________ to depress demand and is mirrored in consumer spending still remaining 3.5% shy of the pre-COVID level. II. Policy makers need to ramp up demand-supportive measures including increasing government spending to ensure that the recovery ___________ and gains traction. (a) continues (b) sustains (c) pertain In the following question two sentences are given with blanks in them and you have to choose the appropriate combination of words from the given options that can fill both the sentences respectively, making them grammatically and meaningfully complete.Solution
In I and II, the singular form of the verb should be used. So, ‘pertain’ cannot be used. In I, ‘continues’ and in II, ‘sustains’ is correct.
On a graph for a monopolist or monopolistic competitor, which of the following curves coincide?
The equation for a supply curve is P = 3Q – 8. What is the elasticity in moving from a price of 4 to a price of 7?
Individuals can now directly purchase treasury bills, dated securities, sovereign gold bonds (SGB) and state development loans (SDLs) under RBI’s ___...
In the Classical model, if there is an increase in aggregate demand, what will be the long-run effect on output and prices?Â
Consider the following:
Assertion (A): According to Peacock-Wiseman hypothesis, public expenditure increases overtime in a step-by-step manner.
Which of the following is not an example of market failure?
What does the Purchasing Managers' Index (PMI) measure?
The credit manager at a Departmental store collects data on 100 of her customers. Of the 60 men, 40 have credit cards (C). Of the 40 women, 30...
In the Classical model, what is the shape of the Aggregate Supply (AS) curve in the long run, and why?
An investor who expects a stock price to fall significantly might use which strategy?