GATE (Graduate Aptitude Test in Engineering) Economics: Questions 680 - 684 of 1256

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Question 680

Question

MCQ▾

According to Rybczynski theorem, what would happen to the countries TOT when we have increment in the factor availability for the production of goods which we export?

Choices

Choice (4)Response

a.

Increment of factor, means production will improve, means we can export more, means TOT will improve

b.

Increment of factor, means production will decrease, means we can import more, means TOT will improve

c.

Increment of factor, means production will decrease, means we can export more, means TOT will improve

d.

Increment of factor, means production will improve, means we can export more, means TOT will decline

Question 681

Question

MCQ▾

What is the shape of demand curve under monopoly.

Choices

Choice (4)Response

a.

Vertical

b.

Horizontal

c.

Upward

d.

Downward

Question 682

Question

MCQ▾

Which is the supply curve of the firm under perfect competition?

Choices

Choice (4)Response

a.

MC curve above AFC.

b.

MC curve above ATC.

c.

MC curve from the lowest point.

d.

MC curve above AVC.

Question 683

Investment Function Specifications

Question

MCQ▾

Which of the following is correct formula for Tobin՚s Q Investment criteria?

Choices

Choice (4)Response

a.

b.

c.

d.

Question 684

Question

MCQ▾

Who is the current governor of RBI and he succeeded whom?

Choices

Choice (4)Response

a.

Shaktikanta Das, & he succeeded Raghu Ramrajan

b.

Shaktikanta Das, & he succeeded Urjit Patel

c.

Urjit Patel, & he succeeded Shaktikanta Das

d.

Urjit Patel, & he succeeded Raghu Ramrajan

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