GATE (Graduate Aptitude Test in Engineering) Economics: Questions 172 - 176 of 1256

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Question 172

Public Budget and Budget Multiplier

Appeared in Year: 2017 (UGC NET)

Question

MCQ▾

While recommending horizontal distribution, which of the following criterion go to the least weight age by the 14th Finance Commission?

Choices

Choice (4)Response

a.

Population

b.

Demographic change

c.

Income distance

d.

Area

Question 173

Tax Reforms-Goods and Services Tax

Appeared in Year: 2014 (UGC NET)

Question

MCQ▾

A tax imposed upon monopoly profits (June)

Choices

Choice (4)Response

a.

can be shifted forward

b.

can be shifted both forward and backward

c.

cannot be shifted

d.

can be shifted backward

Question 174

Theories of Inflation and Expectations Augmented Phillips Curve

Appeared in Year: 2017 (UGC NET)

Question

MCQ▾

If the actual unemployment rate is below the natural rate of unemployment , it would be expected that

Choices

Choice (4)Response

a.

The Philips curve would shift to the right

b.

The rate of inflation would increase

c.

The natural rate of unemployment would fall

d.

Wages would fall

Question 175

Short-Run and Long-Run Analysis

Appeared in Year: 2017 (UGC NET)

Question

MCQ▾

The production function exhibits the returns to scale as:

Choices

Choice (4)Response

a.

Increasing

b.

Decreasing

c.

Fluctuating

d.

Constant

Question 176

Appeared in Year: 2013 (UGC NET)

Question

MCQ▾

Up to which census, synchronous de facto method was adopted in India wherein the census was conducted throughout the country in a single night? (December)

Choices

Choice (4)Response

a.

1901

b.

1951

c.

1971

d.

1931

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