GATE (Graduate Aptitude Test in Engineering) Economics (XH-C1): Questions 927 - 930 of 1877

Choose Programs:

📹 Video Course 2024 (121 Lectures [51 hrs : 56 mins]): Offline Support

Rs. 310.00 -OR-

1 Month Validity (Multiple Devices)

Preview All LecturesDetails

🎓 Study Material (356 Notes): 2024-2025 Syllabus

Rs. 500.00 -OR-

3 Year Validity (Multiple Devices)

Topic-wise Notes & SampleDetails

🎯 58 Numeric, 1819 MCQs (& PYQs) with Full Explanations (2024-2025 Exam)

Rs. 550.00 -OR-

3 Year Validity (Multiple Devices)

CoverageDetailsSample Explanation

Help me Choose & Register (Watch Video) Already Subscribed?

Question 927

Question MCQ▾

Under the Peacock-Wiseman hypothesis which of the statements are true?

Choices

Choice (4)Response

a.

Increase in taxes will be result in a deadweight loss

b.

Increase in tax revenue due to economic boom will increase public expenditure

c.

A higher budgetary level can be replaced by lower tax and expenditure

d.

Increase in taxes will cause tax revenues to fall

Edit

Question 928

Question MCQ▾

Ordinary Least Squares (OLS) estimation in the presence of heteroscedasticity would yield results that are

Choices

Choice (4)Response

a.

Inconsistent and inefficient

b.

Efficient but inconsistent

c.

Consistent and efficient

d.

Unbiased

Edit

Question 929

Question MCQ▾

Gunnar Myrdal classifies which if the following categories as conditions of development?

I. Attitudes towards life and work

II. Conditions of production

III. Institutions

IV. Volume of private investments

Choices

Choice (4)Response

a.

I. II

b.

IV, II, III

c.

I, II, III

d.

II, IV

Edit

Question 930

Question MCQ▾

In Keynes՚s theory of trade cycles what is identified as the cause of cycle fluctuations?

Choices

Choice (4)Response

a.

Marginal efficiency of capital

b.

Marginal propensity to consume

c.

Aggregate demand

d.

Interest rate

Edit