GATE (Graduate Aptitude Test in Engineering) Economics: Questions 168 - 171 of 1256

Access detailed explanations (illustrated with images and videos) to 1256 questions. Access all new questions- tracking exam pattern and syllabus. View the complete topic-wise distribution of questions. Unlimited Access, Unlimited Time, on Unlimited Devices!

View Sample Explanation or View Features.

Rs. 500.00 -OR-

How to register? Already Subscribed?

Question 168

Marshallian and Hicksian Demand Functions

Appeared in Year: 2013 (UGC NET)

Question

MCQ▾

Engel Curve denotes (December)

Choices

Choice (4)Response

a.

The relationship between income effect and substitution effect.

b.

Various amounts of a good which a consumer would be willing to purchase at various income levels.

c.

Various amounts of a good which a consumer would be willing to purchase at various price levels.

d.

Various amounts of a good purchased when the price of its substitutes tend to rise.

Question 169

Public Debt and Its Management

Appeared in Year: 2014 (UGC NET)

Question

MCQ▾

Debt obligations of Government of India (Government liabilities)

I. State Provident Funds

II. Small Savings

III. Reserve Funds and Deposits

IV. Consolidated Fund of India (June)

Choices

Choice (4)Response

a.

I, III and IV are correct.

b.

I, II and III are correct.

c.

II, III and IV are correct.

d.

II and III are correct.

Question 170

Appeared in Year: 2013 (UGC NET)

Question

MCQ▾

Productivity of groundnut is highest in (December)

Choices

Choice (4)Response

a.

China

b.

U. S. A.

c.

India

d.

Mexico

Question 171

Appeared in Year: 2017 (UGC NET)

Question

MCQ▾

According to Robinson – Uzawa theorem, steady state growth is possible if the technical progress is:

Choices

Choice (4)Response

a.

Only Harrod neutral

b.

Only Hicks neutral

c.

Only Solow neutral

d.

Hicks and Harrod neutral

Developed by: