AP (Advanced Placement) Macroeconomics: Questions 687 - 689 of 750

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Question 687

Appeared in Year: 2020 (NET)

Question

Assertion-Reason▾

Assertion(Ꭺ)

The main cause of commercial bank failure is because of providing inappropriate loans to bank insiders (September Evening Shift)

Reason(Ꭱ)

Bank employees are provided loans at lower interest rates

Choices

Choice (5)Response

a.

Both Ꭺ and Ꭱ are true and Ꭱ is the correct explanation of Ꭺ

b.

Both Ꭺ and Ꭱ are true but Ꭱ is NOT the correct explanation of Ꭺ

c.

Ꭺ is true but Ꭱ is false

d.

Ꭺ is false but Ꭱ is true

e.

Both Ꭺ and Ꭱ are false

Question 688

Appeared in Year: 2019 (NET)

Question

MCQ▾

According to Marshall-Lerner condition for the foreign exchange market to be stable, the sum of elasticities of demand for imports and the demand for exports should be (June)

Choices

Choice (5)Response

a.

equal to 1

b.

equal to zero

c.

less than 1

d.

more than 1

e.

None of the above

Question 689

Appeared in Year: 2016 (NET)

Question

MCQ▾

Disguised unemployment refers to

Choices

Choice (5)Response

a.

Unemployment of people above to 60 years of age.

b.

More persons employed for a job which less persons can accomplish.

c.

Persons with no proper jobs.

d.

Unemployment among rural woman.

e.

Question does not provide sufficient data or is vague

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