GATE (Graduate Aptitude Test in Engineering) Economics (XH-C1): Questions 84 - 87 of 1877

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Question 84

Appeared in Year: 2013

Question Match List-Ⅰ List-Ⅱ▾

Match List-I with List-II: (December)

List-Ⅰ (Author)List-Ⅱ (Theory)
(A)

Hamilton List

(i)

Elasticity approach

(B)

Jacob Viner

(ii)

Trade creation and Trade diversion effects

(C)

Marshall- Learner

(iii)

Impoverishing growth

(D)

F. Y. Edgeworth

(iv)

Indian Industry

Choices

Choice (4)Response
  • (A)
  • (B)
  • (C)
  • (D)

a.

  • (iv)
  • (ii)
  • (i)
  • (iii)

b.

  • (i)
  • (ii)
  • (iv)
  • (iii)

c.

  • (iv)
  • (iii)
  • (ii)
  • (i)

d.

  • (ii)
  • (iii)
  • (i)
  • (iv)

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Question 85

Appeared in Year: 2017

Question MCQ▾

Classical dichotomy refers to which of the following?

Choices

Choice (4)Response

a.

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

b.

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

c.

Savings come only from profits and not from wages.

d.

All of the above

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Question 86

Appeared in Year: 2017

Question MCQ▾

Which among the following theory/approach does treat consumption to depend upon expected income?

Choices

Choice (4)Response

a.

Friedmans approach

b.

Keynes approach

c.

Life cycle approach

d.

Question does not provide sufficient data or is vague

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Question 87

Appeared in Year: 2014

Question MCQ▾

In which of the following, Zero Based Budgeting is difficult to introduce?

I. Establishment charges

II. Public works

III. Irrigation Projects

IV. Federal fiscal transfers (June)

Choices

Choice (4)Response

a.

I, III and IV are correct.

b.

II, III and IV are correct.

c.

II and III are correct.

d.

I and IV are correct.

Edit