AP (Advanced Placement) Macroeconomics: Questions 292 - 294 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 292

Appeared in Year: 2017 (NET)

Question

MCQ▾

A firm in monopolistic competition advertises in order to: (November Paper II)

Choices

Choice (5)Response

a.

Shift the demand curve for its product to the left

b.

Make the demand for its product less price elastic

c.

Reduce the industry՚s price

d.

Make its product more similar to its competitors՚

e.

None of the above

Question 293

Appeared in Year: 2017 (NET)

Question

MCQ▾

If CPI based inflation rate in a country is given as:

Table Shows the Inflation Rate
Year:20172016201520142013
Inflation Rate (%) :25679

This trends will be described as: (November Paper II)

Choices

Choice (5)Response

a.

Stagflation

b.

Disinflation

c.

Creeping inflation

d.

Deflation

e.

None of the above

Question 294

Appeared in Year: 2017 (NET)

Question

MCQ▾

When the Reserve Bank of India announces an increase of the Cash Reserve Ratio, what does it mean? (November Paper-III)

Choices

Choice (5)Response

a.

The commercial Banks will have more money to lend

b.

The commercial Banks will have less money to lend

c.

The Reserve Bank of India will have less money to lend

d.

The Union Government will have less money to lend

e.

Question does not provide sufficient data or is vague

Developed by: