AP (Advanced Placement) Macroeconomics: Questions 301 - 303 of 750

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Question 301

Appeared in Year: 2017 (NET)

Question

MCQ▾

Which of the following is/are true for AK model of growth? (November Paper-III)

  1. It assumes constant savings rate
  2. This savings rate is exogenously determined
  3. The marginal product of capital is diminishing as output expands of the above which statements are correct?

Choices

Choice (5)Response

a.

1,2 and 3 are Correct

b.

1 and 3 are correct

c.

Only 2 and 3 are correct

d.

Only 1 and 2 are correct

e.

Question does not provide sufficient data or is vague

Question 302

Appeared in Year: 2017 (NET)

Question

MCQ▾

Rank the following states in descending order according to sex ratio as per census 2011: (November Paper-III)

  1. Madhya Pradesh
  2. Punjab
  3. U. P
  4. Bihar

Choices

Choice (5)Response

a.

(b) , (a) , (c) , (d)

b.

(a) , (b) , (c) , (d)

c.

(a) , (d) , (c) , (b)

d.

(c) , (d) , (b) , (a)

e.

All of the above

Question 303

Appeared in Year: 2017 (NET)

Question

MCQ▾

‘Bandwagon Effect’ is found in which of the following? (November Paper-III)

Choices

Choice (5)Response

a.

Absolute income hypothesis

b.

Relative income hypothesis

c.

Permanent income hypothesis

d.

Life cycle hypothesis

e.

Question does not provide sufficient data or is vague

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