GATE (Graduate Aptitude Test in Engineering) Economics: Questions 598 - 602 of 1256

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Question 598

Appeared in Year: 2017 (UGC NET)

Question

MCQ▾

If the actual unemployment rate is below the natural rate of unemployment, it would be expected that (January Paper-3)

Choices

Choice (4)Response

a.

The rate of inflation would increase.

b.

The Phillips curve would shift to the right.

c.

Wages would fall.

d.

The natural rate of unemployment would fall.

Question 599

Public Budget and Budget Multiplier

Appeared in Year: 2017 (UGC NET)

Question

MCQ▾

As per proposals of Union Budget of 2016 - 17, which of the following tax contributes maximum share out of total tax revenue collection? (January Paper-3)

Choices

Choice (4)Response

a.

Union Excise Duty

b.

Corporation tax

c.

Custom

d.

Income Tax

Question 600

Appeared in Year: 2017 (UGC NET)

Question

MCQ▾

Which of the following can be considered as leakages in the force of the multiplier?

(January Paper-3)

Choices

Choice (4)Response

a.

Higher propensity to import

b.

Higher marginal propensity to save

c.

Both a. and b. are correct

d.

None of the above

Question 601

Appeared in Year: 2017 (UGC NET)

Question

MCQ▾

For symmetrical distribution skewness is (January Paper-2)

Choices

Choice (4)Response

a.

3

b.

2

c.

1

d.

0

Question 602

Probability Distributions [Discrete and Continuous]

Appeared in Year: 2017 (UGC NET)

Question

MCQ▾

The area between and under standard normal curve is (January Paper-2)

Choices

Choice (4)Response

a.

1

b.

c.

d.

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