AP (Advanced Placement) Macroeconomics: Questions 145 - 147 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 145

Appeared in Year: 2013 (NET)

Question

Assertion-Reason▾

Assertion(Ꭺ)

The Natural Rate of Unemployment Hypothesis yields in the long run a vertical Phillips Curve. (September)

Reason(Ꭱ)

The Natural Rate of Unemployment assumes static price expectations.

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 146

Appeared in Year: 2013 (NET)

Question

MCQ▾

The capacity creating aspect of investment in growth theory was emphasized by (September)

Choices

Choice (5)Response

a.

E D Domar

b.

R M Solow

c.

P A Samuelson

d.

R F Harrod

e.

Question does not provide sufficient data or is vague

Question 147

Appeared in Year: 2013 (NET)

Question

MCQ▾

Which of the following are true of disguised unemployment?

I. It represents potential savings.

II. The marginal productivity of labor is zero or extremely low.

III. It is due to the existence of joint family system.

IV. It is confined to the rural areas. (September)

Choices

Choice (5)Response

a.

II and IV

b.

I, II, III and IV

c.

I, II and III

d.

III and IV

e.

All of the above

Developed by: