GATE (Graduate Aptitude Test in Engineering) Economics: Questions 147 - 149 of 1256

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Question 147

Appeared in Year: 2017 (UGC NET)

Question

MCQ▾

In a two variable regression Y is dependent variable and X is independent variable. If the correlation coefficient between Y and X is 0.7 then which one of the following result is correct?

Choices

Choice (4)Response

a.

0.7 % variations in Y are explained by X

b.

7 % variations in Y are explained by X

c.

70 % variations in Y are explained by X

d.

49 % variations in Y are explained by X

Question 148

Environment as a Public Good

Appeared in Year: 2014 (UGC NET)

Question

MCQ▾

Which of the following methods would be used for estimation of price change of a house due to either pollution or good environment like existence of park and scenic beauty? (June)

Choices

Choice (4)Response

a.

Contingent Valuation Method

b.

Externality Effects

c.

Hedonic Method

d.

All of the above

Question 149

Appeared in Year: 2014 (UGC NET)

Question

MCQ▾

Under a managed floating exchange rate system, the nation՚s monetary authorities intervene in foreign exchange markets to (June)

Choices

Choice (4)Response

a.

smooth out short-run fluctuations in exchange rates

b.

keep exchange rates flexible

c.

smooth out short-run and long-run fluctuations in exchange rates

d.

keep exchange rates fixed among a group of nations

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