GATE (Graduate Aptitude Test in Engineering) Economics: Questions 630 - 634 of 1256

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Question 630

Components of Money Supply

Appeared in Year: 2017 (UGC NET)

Question

MCQ▾

Which of the following is included in ? (January Paper-3)

Choices

Choice (4)Response

a.

Assets under money market mutual funds

b.

Savings deposits

c.

Demand deposits

d.

Gold stock

Question 631

Appeared in Year: 2017 (UGC NET)

Question

MCQ▾

Classical dichotomy refers to which one of the following? (January Paper-2)

Choices

Choice (4)Response

a.

Savings come only from profits and not from the wages.

b.

There are two sectors of the economy, namely, agriculture and industry.

c.

Influence of money is not on the real variables like employment and output but on price level.

d.

All of the above

Question 632

Appeared in Year: 2017 (UGC NET)

Question

MCQ▾

Given the following data:

Number of observations

Arithmetic Mean

Variance

The coefficient of variation will be

(January Paper-2)

Choices

Choice (4)Response

a.

b.

c.

d.

Question 633

Appeared in Year: 2017 (UGC NET)

Question

MCQ▾

While recommending horizontal distribution, which of the following criterion got the least weight age by the 14th Finance Commission? (January Paper-3)

Choices

Choice (4)Response

a.

Area

b.

Demographic change

c.

Population

d.

Income distance

Question 634

Appeared in Year: 2017 (UGC NET)

Question

MCQ▾

Under discriminating monopoly, if the elasticity of demand in market I is and in market II, it is , (elasticity is being in absolute terms) then the price behavior of the monopolist will be:

(January Paper-2)

Choices

Choice (4)Response

a.

In market I, charge double the price of that is charged in market II

b.

To charge a higher price in market II

c.

To charge the same price in both the markets

d.

To charge a higher price in market I

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