GATE (Graduate Aptitude Test in Engineering) Economics: Questions 139 - 142 of 1256

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Question 139

Appeared in Year: 2017 (UGC NET)

Question

MCQ▾

As per 2013 Information, arrange the following states in the decreasing order of infant mortality rate:

  1. Uttar Pradesh
  2. Rajasthan
  3. Madhya Pradesh
  4. Odisha

Choices

Choice (4)Response

a.

1,2, 3,4

b.

3,4, 1,2

c.

3,1, 2,4

d.

4,3, 2,1

Question 140

Appeared in Year: 2013 (UGC NET)

Question

MCQ▾

‘Vent for surplus approach’ is applicable to (December)

Choices

Choice (4)Response

a.

Oil exporting countries

b.

Rich countries

c.

Underdeveloped countries

d.

None of the above

Question 141

Marshallian and Hicksian Demand Functions

Appeared in Year: 2014 (UGC NET)

Question

MCQ▾

Which of the following are the basic assumptions of cardinal utility analysis?

I. Utility is a measurable and quantifiable entity.

II. Marginal utility of money changes with changes in real income.

III. Utilities derived from various goods are inter-dependent.

IV. The use of introspective method in judging the behaviour of marginal utility. (June)

Choices

Choice (4)Response

a.

I and III are correct.

b.

I and IV are correct.

c.

I and II are correct.

d.

I, III and IV are correct.

Question 142

Appeared in Year: 2013 (UGC NET)

Question

MCQ▾

The imposition of an import tariff by a large nation (December)

Choices

Choice (4)Response

a.

worsens the nation՚s terms of trade but increases the volume of trade

b.

worsens the nation՚s terms of trade and reduces the volume of trade.

c.

usually improves the nation՚s terms of trade but reduces the volume of trade.

d.

usually improves the nation՚s terms of trade and increases the volume of trade.

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