GATE (Graduate Aptitude Test in Engineering) Economics: Questions 131 - 134 of 1256

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Question 131

Demand and Supply of Money

Appeared in Year: 2013 (UGC NET)

Question

Match List-Ⅰ List-Ⅱ▾

Match items given in List – I with those in List – II: (December)

List-Ⅰ (Group I)List-Ⅱ (Group II)
(A)

Cash Balances Approach

(i)

J. M. Keynes

(B)

Equation of Exchange

(ii)

W. J. Baumol

(C)

Regressive Expectation model of Demand for Money

(iii)

Irving Fisher

(D)

Square Root Formula of Demand for Money

(iv)

A. C. Pigou and Alfred Marshall

Choices

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

a.

  • (iii)
  • (iv)
  • (ii)
  • (i)

b.

  • (iv)
  • (iii)
  • (i)
  • (ii)

c.

  • (iv)
  • (i)
  • (ii)
  • (iii)

d.

  • (i)
  • (iii)
  • (iv)
  • (ii)

Question 132

Appeared in Year: 2014 (UGC NET)

Question

MCQ▾

The oligopoly model in which the businessman assumes that his competitors output are fixed and simultaneously decide how much to produce is (June)

Choices

Choice (4)Response

a.

Bertrand oligopoly model

b.

Cournot oligopoly model

c.

Stackelberg oligopoly model

d.

Chamberlin՚s oligopoly model

Question 133

Demand and Supply of Money

Appeared in Year: 2017 (UGC NET)

Question

MCQ▾

According to Monetarists, demand for money function is

Choices

Choice (4)Response

a.

Unstable and interest inelastic

b.

Stable and interest elastic

c.

Stable and interest inelastic

d.

Constant and interest elastic

Question 134

Appeared in Year: 2014 (UGC NET)

Question

MCQ▾

The immediate cause for the collapse of the Bretton woods system was (June)

Choices

Choice (4)Response

a.

The expectation that the U. S. A. would soon be forced to devalue the dollar

b.

The massive flight of liquid capital from the U. S. A.

c.

The attempt by three small European Central Banks to convert part of their dollar holding into gold at the Federal Reserve Bank.

d.

All a., b. and c. are correct

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