AP (Advanced Placement) Macroeconomics: Questions 35 - 38 of 750

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Question 35

Appeared in Year: 2014 (NET)

Question

MCQ▾

Inventors of HDI are

I. Harris-Todaro

II. Megnad Desai

III. Robert Solow

IV. Amartya Sen (June)

Choices

Choice (5)Response

a.

I and II are correct.

b.

III and IV are correct.

c.

I and III are correct.

d.

II and IV are correct.

e.

Question does not provide sufficient data or is vague

Question 36

Appeared in Year: 2014 (NET)

Question

MCQ▾

An industry whose long run supply curve is horizontal is called (June)

Choices

Choice (5)Response

a.

Constant cost industry

b.

Decreasing Cost Industry

c.

Increasing Cost Industry

d.

Efficient Industry

e.

Question does not provide sufficient data or is vague

Question 37

Appeared in Year: 2014 (NET)

Question

MCQ▾

Arrange all the four concepts of money supply M1, M2, M3 and M4 in the ascending order in terms of their liquidity: (June)

Choices

Choice (5)Response

a.

M1, M2, M3 and M4

b.

M4, M2, M3 and M1

c.

M3, M2, M1 and M4

d.

M4, M3, M2 and M1

e.

Question does not provide sufficient data or is vague

Question 38

Appeared in Year: 2014 (NET)

Question

MCQ▾

The full capacity growth rate in Harrod-Domar Model is also known as (June)

Choices

Choice (5)Response

a.

Actual growth rate

b.

Natural growth rate

c.

Expected growth rate

d.

Warranted growth rate

e.

None of the above

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