GATE (Graduate Aptitude Test in Engineering) Economics: Questions 220 - 223 of 1256

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Question 220

Appeared in Year: 2014 (UGC NET)

Question

MCQ▾

‘Bandwagon effect’ is found in (June)

Choices

Choice (4)Response

a.

Life cycle Hypothesis

b.

Absolute Income hypothesis

c.

Permanent Income hypothesis

d.

Relative Income hypothesis

Question 221

Demand and Supply of Money

Appeared in Year: 2017 (UGC NET)

Question

Match List-Ⅰ List-Ⅱ▾

Match the following:

List-Ⅰ (Group I)List-Ⅱ (Group II)
(A)

Irving Fisher

(i)

M = PKT

(B)

Keynes

(ii)

MV = PT

(C)

Robertson

(iii)

N = PK

(D)

Alfred Marshall

(iv)

M = PKY

Choices

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

a.

  • (iii)
  • (i)
  • (iv)
  • (ii)

b.

  • (ii)
  • (iv)
  • (i)
  • (iii)

c.

  • (ii)
  • (iii)
  • (iv)
  • (i)

d.

  • (ii)
  • (iii)
  • (i)
  • (iv)

Question 222

Appeared in Year: 2014 (UGC NET)

Question

MCQ▾

A technical change is neutral if remains unchanged at constant ratio: (June)

Choices

Choice (4)Response

a.

Kaldor

b.

Harrod

c.

Hicks

d.

Solow

Question 223

Appeared in Year: 2013 (UGC NET)

Question

MCQ▾

In the context of agricultural development the trickle-down theory has been interpreted to suggest that

  1. Growth in agriculture output without radical institutional reforms will reduce the incidence of poverty.
  2. Growth in agriculture output with radical institutional reforms will reduce the incidence of poverty
  3. Only radical institutional reforms can reduce the incidence of poverty.
  4. Only growth in agriculture output will reduce incidence of poverty. (December)

Choices

Choice (4)Response

a.

1 and 2

b.

2 only

c.

4 only

d.

1 and 3

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