AP (Advanced Placement) Macroeconomics: Questions 96 - 98 of 750

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Question 96

Appeared in Year: 2017 (NET)

Question

MCQ▾

As per IS-LM framework, an increase in government expenditure will result in:

Choices

Choice (5)Response

a.

Increase in income and interest rate

b.

Decrease in investment and interest rate

c.

Decrease in income and interest rate

d.

Increase in income only

e.

None of the above

Question 97

Appeared in Year: 2017 (NET)

Question

Match List-Ⅰ List-Ⅱ▾

Match List – I and List – II and select correct answer from the codes below:

List-Ⅰ (Group I)List-Ⅱ (Group II)
(A)

International Monetary Fund

(i)

Socio-Economic infrastructure

(B)

International Bank for Reconstruction and Development

(ii)

Balance of Payment

(C)

International Finance Corporation

(iii)

Soft Loan to poor countries

(D)

International Development Association

(iv)

Lending to Private Sector

Choices

Choice (5)Response
  • (A)
  • (B)
  • (C)
  • (D)

a.

  • (iv)
  • (i)
  • (ii)
  • (iii)

b.

  • (ii)
  • (i)
  • (iv)
  • (iii)

c.

  • (ii)
  • (iii)
  • (i)
  • (iv)

d.

  • (iii)
  • (iv)
  • (ii)
  • (i)

e.

All of the above

Question 98

Appeared in Year: 2013 (NET)

Question

MCQ▾

Engel Curve denotes (December)

Choices

Choice (5)Response

a.

The relationship between income effect and substitution effect.

b.

Various amounts of a good which a consumer would be willing to purchase at various income levels.

c.

Various amounts of a good which a consumer would be willing to purchase at various price levels.

d.

Various amounts of a good purchased when the price of its substitutes tend to rise.

e.

Question does not provide sufficient data or is vague

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