AP (Advanced Placement) Macroeconomics: Questions 213 - 216 of 750

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Question 213

Appeared in Year: 2016 (NET)

Question

MCQ▾

Which of the following statements is/are true for Arrow-Debreu model of general equilibrium? (Paper III)

Choices

Choice (5)Response

a.

finite numbers of consumers and production units

b.

every producer maximizes profit and every consumer maximizes utility

c.

Both a. and b. are correct

d.

None of the above

e.

Question does not provide sufficient data or is vague

Question 214

Appeared in Year: 2016 (NET)

Question

MCQ▾

Originally, the maximum and minimum limits of the Statutory Liquidity ratio prescribed in India was (Paper III)

Choices

Choice (5)Response

a.

40 percent and 25 percent

b.

30 percent and 25 percent

c.

40 percent and 20 percent

d.

30 percent and 20 percent

e.

All of the above

Question 215

Appeared in Year: 2016 (NET)

Question

MCQ▾

New Keynesian economics challenges which among the following schools of thought regarding the full adaptability of a policy change on the part of economic agents? (Paper III)

Choices

Choice (5)Response

a.

Neo Keynesians

b.

New classical economics

c.

Monetarists

d.

All of the above

e.

None of the above

Question 216

Appeared in Year: 2015 (NET)

Question

MCQ▾

Who was the chairman of the high powered committee for measurement of poverty in 2013? (December)

Choices

Choice (5)Response

a.

Suresh Tendulkar

b.

Y K Alagh

c.

C Rangrajan

d.

D T Lakadawala

e.

Question does not provide sufficient data or is vague

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