AP (Advanced Placement) Microeconomics: Questions 208 - 211 of 398

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Question 208

Question

MCQ▾

Who publish the Economy Survey of India?

Choices

Choice (5)Response

a.

Minister of Home Affairs

b.

Minister of Commerce and Industry

c.

Minister of External Affairs

d.

Minister of Finance.

e.

All of the above

Question 209

Question

MCQ▾

Which of these theories refers to the Heckscher-Ohlin model?

Choices

Choice (5)Response

a.

Absolute advantage theory

b.

Comparative advantage theory

c.

Factor-proportions theory

d.

Gravity model

e.

Question does not provide sufficient data or is vague

Question 210

Question

MCQ▾

Under which conditions does the production possibility frontier appear as a straight line?

Choices

Choice (5)Response

a.

Constant opportunity cost

b.

One factor of production economy

c.

Both a. and b. are correct

d.

Question does not provide sufficient data or is vague

e.

None of the above

Question 211

Appeared in Year: 2019 (NET)

Question

MCQ▾

General equilibrium analysis determines (June)

Choices

Choice (5)Response

a.

Prices & quantities in all markets simultaneously

b.

Feedback effects

c.

Prices & quantities in all markets simultaneously and explicitly takes feedback effects into account

d.

Prices in all markets

e.

Question does not provide sufficient data or is vague

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