GATE (Graduate Aptitude Test in Engineering) Economics: Questions 722 - 726 of 1256

Access detailed explanations (illustrated with images and videos) to 1256 questions. Access all new questions- tracking exam pattern and syllabus. View the complete topic-wise distribution of questions. Unlimited Access, Unlimited Time, on Unlimited Devices!

View Sample Explanation or View Features.

Rs. 500.00 -OR-

How to register? Already Subscribed?

Question 722

Question

MCQ▾

What is the formula of the elasticity of the offer curve, in the concepts of Terms of Trade?

Choices

Choice (4)Response

a.

e =- (% Δexports) ÷ [ (% Δexports) - (% Δimports) ]

b.

c.

d.

Question 723

Question

MCQ▾

Which of the following is not a type of Terms of Trade?

Choices

Choice (4)Response

a.

Income Terms of trade

b.

Double Factorial Terms of trade

c.

Expenditure Terms of trade

d.

Net barter Terms of trade

Question 724

Question

MCQ▾

The financial year of RBI is from ________ to ________?

Choices

Choice (4)Response

a.

1st July to 30th June

b.

1st April to 31st march

c.

1st Feb to 31st Jan

d.

1st April to 31th March

Question 725

Rational Expectation Hypothesis and Its Critique

Question

MCQ▾

Which of the following is true about Rational Expectations hypothesis?

Choices

Choice (4)Response

a.

Monetary policy is fully effective

b.

Monetary policy becomes ineffective.

c.

It was given by New Keynesian economists.

d.

It was given by Neo Keynesian economists.

Question 726

Question

MCQ▾

If both country A and country B impose tariffs on each other imports then what will happen?

Choices

Choice (4)Response

a.

TOT of a powerful country would improve and of a weak country would decline

b.

TOT of both the countries would decline

c.

TOT of both the countries would remain the same

d.

TOT of both the countries would improve

Developed by: