AP (Advanced Placement) Macroeconomics: Questions 106 - 110 of 750

Access detailed explanations (illustrated with images and videos) to 750 questions. Access all new questions- tracking exam pattern and syllabus. View the complete topic-wise distribution of questions. Unlimited Access, Unlimited Time, on Unlimited Devices!

View Sample Explanation or View Features.

Rs. 400.00 -OR-

How to register? Already Subscribed?

Question 106

Appeared in Year: 2017 (NET)

Question

MCQ▾

Which of the following are not considered as flow variables in economic analysis?

Choices

Choice (5)Response

a.

Supply and Demand

b.

Saving and Investment

c.

Money Supply and Public Debt

d.

Exports and Imports

e.

All of the above

Question 107

Appeared in Year: 2013 (NET)

Question

MCQ▾

The condition of Pareto Optimality holds correct under (December)

Choices

Choice (5)Response

a.

Monopoly

b.

Monopolistic Competition

c.

Perfect Competition

d.

Oligopoly

e.

All of the above

Question 108

Appeared in Year: 2017 (NET)

Question

MCQ▾

Arrange the following committees appointed in India in the chronological order:

1. Urjit Patel committee

2. Goipuria Committee

3. Narsimhan Committee

4. Chakravati Committee

Choices

Choice (5)Response

a.

4 - 3-2 - 1

b.

1 - 3-4 - 2

c.

3 - 2-4 - 1

d.

4 - 2-3 - 1

e.

Question does not provide sufficient data or is vague

Question 109

Appeared in Year: 2017 (NET)

Question

MCQ▾

For the demand function , what is price elasticity of demand at ?

Choices

Choice (5)Response

a.

Zero

b.

0.5

c.

1.5

d.

1

e.

All of the above

Question 110

Appeared in Year: 2014 (NET)

Question

MCQ▾

Arrows impossibility theorem implies (June)

Choices

Choice (5)Response

a.

Any social decision rule should not violates the requirements of rational choice.

b.

Any social decision rule must violate at least one of the requirements of rational choice.

c.

Any social decision rule must violate all the requirements of rational choice.

d.

It is impossible to violate social decision rules.

e.

All of the above

Developed by: