GATE (Graduate Aptitude Test in Engineering) Economics: Questions 317 - 320 of 1256

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Question 317

Appeared in Year: 2014 (UGC NET)

Question

MCQ▾

The test statistic used to test the significance of the adjusted coefficient of multiple determination (– R 2) is: (June)

Choices

Choice (4)Response

a.

Z – test

b.

c2 – test

c.

t – test

d.

F – test

Question 318

Appeared in Year: 2013 (UGC NET)

Question

Assertion-Reason▾

Assertion(Ꭺ)

A lump sum tax imposed on a monopolist cannot be shifted to the consumers. (September)

Reason(Ꭱ)

The lump sum tax becomes a part of his fixed cost and it does not affect the marginal cost of production.

Choices

Choice (4)Response

a.

Both Ꭺ and Ꭱ are true but Ꭱ is NOT the correct explanation of Ꭺ

b.

Both Ꭺ and Ꭱ are false

c.

Both Ꭺ and Ꭱ are true and Ꭱ is the correct explanation of Ꭺ

d.

Ꭺ is true but Ꭱ is false

Question 319

Instruments (Direct and Indirect) of Monetary Policy

Appeared in Year: 2013 (UGC NET)

Question

MCQ▾

Hedging refers to (September)

Choices

Choice (4)Response

a.

The covering of a foreign exchange risk

b.

Foreign exchange arbitrage

c.

Foreign exchange speculation

d.

The acceptance of a foreign exchange risk

Question 320

Index Numbers and Construction of Price Indices

Appeared in Year: 2013 (UGC NET)

Question

Assertion-Reason▾

Assertion(Ꭺ)

Fisher՚s Index No. is ideal Index No. (September)

Reason(Ꭱ)

Fisher՚s Index satisfies time reversal and factor reversal tests.

Choices

Choice (4)Response

a.

Both Ꭺ and Ꭱ are true and Ꭱ is the correct explanation of Ꭺ

b.

Ꭺ is false but Ꭱ is true

c.

Both Ꭺ and Ꭱ are false

d.

Both Ꭺ and Ꭱ are true but Ꭱ is NOT the correct explanation of Ꭺ

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