AP (Advanced Placement) Macroeconomics: Questions 267 - 270 of 750

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Question 267

Appeared in Year: 2015 (NET)

Question

MCQ▾

According to Harrod, neutral technical progress is characterized as: (December)

Choices

Choice (5)Response

a.

Capital augmenting

b.

Productivity increasing

c.

Labour and capital augmenting

d.

Labour augmenting

e.

All of the above

Question 268

Question

MCQ▾

Consider the following statements:

  1. Inflation is advantageous for debtors.
  2. Inflation is advantageous to the bond-holders.

Which of the statements given above is/are correct?

Choices

Choice (5)Response

a.

1 only

b.

2 only

c.

1 and 2

d.

Neither 1 nor 2

e.

All of the above

Question 269

Question

MCQ▾

Consider the following statements regarding the long run equilibrium in the monopolistic market.

  1. Firms are in no profit no loss situation.
  2. There is no entry or exit of the firms.

Which among the above statements are true? Answer from the code below:

Choices

Choice (5)Response

a.

Only 1 is true

b.

Only 2 is true

c.

Neither 1 nor 2 is true

d.

1 and 2 are true

e.

All of the above

Question 270

Appeared in Year: 2017 (NET)

Question

MCQ▾

If the central prediction of the growth model of Solow is valid then: (November Paper II)

Choices

Choice (5)Response

a.

Per capita real GDP difference among nations will increase

b.

Per capita real GDP difference among the nations will diminish

c.

Population growth rate in rich countries will increase

d.

Economic freedom as measured by Heritage Foundation Index will decrease

e.

All of the above

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