GATE (Graduate Aptitude Test in Engineering) Economics: Questions 1231 - 1234 of 1256

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Question 1231

Appeared in Year: 2019 (UGC NET)

Question

MCQ▾

Under non-cooperative games, it is (June)

Choices

Choice (4)Response

a.

not essential to understand one՚s opponent՚s point of view

b.

essential to understand one՚s opponent՚s point of view

c.

essential to understand one՚s opponent՚s likely responses

d.

essential to understand one՚s opponent՚s point of view and to deduce his likely responses accordingly

Question 1232

Environment as a Public Good

Appeared in Year: 2019 (UGC NET)

Question

MCQ▾

Market failure occurs in case of most of the environmental goods, because (June)

Choices

Choice (4)Response

a.

environmental goods are non-rival in production

b.

environmental goods are excludable products

c.

environmental goods are rival products

d.

environmental goods are non-rival and non-excludable in consumption

Question 1233

Public Debt and Its Management

Appeared in Year: 2019 (UGC NET)

Question

MCQ▾

Which one of the following is NOT the method of debt redemption? (June)

Choices

Choice (4)Response

a.

Repudiation

b.

Sinking fund

c.

Refunding

d.

Capital levy

Question 1234

Appeared in Year: 2019 (UGC NET)

Question

Match List-Ⅰ List-Ⅱ▾

Match List-I with List-II (June)

List-Ⅰ (Model)List-Ⅱ (Persons)
(A)

Life cycle hypothesis

(i)

Akerlof and Yellen

(B)

Cambridge approach

(ii)

Alfred Marshal and A. C. Pigou

(C)

Efficiency wage model

(iii)

Modigliani, Ando and Brumberg

(D)

Accelerator and multiplier interaction

(iv)

Paul Samuelson

Choices

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

a.

  • (iv)
  • (i)
  • (ii)
  • (iii)

b.

  • (iii)
  • (ii)
  • (i)
  • (iv)

c.

  • (iii)
  • (i)
  • (ii)
  • (iv)

d.

  • (ii)
  • (iii)
  • (iv)
  • (i)

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