AP (Advanced Placement) Macroeconomics: Questions 123 - 126 of 750

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Question 123

Appeared in Year: 2017 (NET)

Question

MCQ▾

Given the following total cost and demand functions of a firm, find the price at which profits would be maximized:

Where C = Total Cost

Q = Output

P = Price

Choices

Choice (5)Response

a.

85

b.

100

c.

5

d.

95

e.

None of the above

Question 124

Appeared in Year: 2014 (NET)

Question

MCQ▾

“Golden Age” as per Mrs. Joan Robinson is (where is growth rate of population and is growth rate of capital) (June)

Choices

Choice (5)Response

a.

>

b.

<

c.

=

d.

None of the above

e.

Question does not provide sufficient data or is vague

Question 125

Appeared in Year: 2017 (NET)

Question

MCQ▾

The slope of the production possibility curve is:

Choices

Choice (5)Response

a.

Average rate of transformation

b.

Marginal rate of exchange

c.

Marginal rate of substitution

d.

Marginal rate of transformation

e.

Question does not provide sufficient data or is vague

Question 126

Appeared in Year: 2013 (NET)

Question

Match List-Ⅰ List-Ⅱ▾

With reference to demand for money, match List – I with List – II: (December)

List-Ⅰ (Group I)List-Ⅱ (Group II)
(A)

No portfolio diversification

(i)

W. Baumol

(B)

Liquidity Preference as Behavior towards risk

(ii)

James Tobin

(C)

Inventory Theoretic Approach

(iii)

J. M. Keynes

(D)

Demand for money is stable

(iv)

Milton Friedman

Choices

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

a.

  • (iv)
  • (iii)
  • (ii)
  • (i)

b.

  • (iii)
  • (ii)
  • (i)
  • (iv)

c.

  • (ii)
  • (i)
  • (iii)
  • (iv)

d.

  • (iii)
  • (iv)
  • (i)
  • (ii)

e.

All of the above

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