GATE (Graduate Aptitude Test in Engineering) Economics: Questions 911 - 914 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 911

Theories of Inflation and Expectations Augmented Phillips Curve

Appeared in Year: 2019 (UGC NET)

Question

MCQ▾

Under which of the following approaches Phillips Curve Analysis holds good? (December)

(I) Adaptive expectation

(II) Rational expectation

Choose the correct option:

Choices

Choice (4)Response

a.

Neither (I) nor (II)

b.

Only (II)

c.

(I) and (II)

d.

Only (I)

Question 912

Appeared in Year: 2019 (UGC NET)

Question

MCQ▾

Which amongst the following is not a source of income for the RBI? (December)

Choices

Choice (4)Response

a.

Interest on government bonds held for conducting open market operations

b.

Dividend on the shares of private equity held with the bank

c.

Income from investment in foreign currency assets

d.

Retained earnings net of dividend paid to the government of India

Question 913

Question

MCQ▾

What are the values of multiplier (k) and accelerator (β) when the economy follows an explosive cycle path in Samuelson՚s model of business cycle?

Choices

Choice (4)Response

a.

b.

c.

d.

Question 914

Question

MCQ▾

What does the immiserating growth theory argue?

Choices

Choice (4)Response

a.

Improving terms of trade with increase in net exports

b.

Enhanced welfare due to positive terms of trade

c.

Positive wealth effect offsets adverse terms of trade

d.

Worsening welfare of an export biased nation

Developed by: