GATE (Graduate Aptitude Test in Engineering) Economics: Questions 344 - 347 of 1256

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Question 344

Monetary and Fiscal Policy Efficacy

Appeared in Year: 2015 (UGC NET)

Question

MCQ▾
Liquidity Effect in Diagram

On the conventional IS-LM diagram, LM curve shifts to LM1. Then which of the following statement are true: (June)

Choices

Choice (4)Response

a.

b.

c.

d.

All of the above

Question 345

Appeared in Year: 2016 (UGC NET)

Question

MCQ▾

Consider the following statements regarding the long run equilibrium in the monopolistic market.

I. Firms are in no profit no loss situation.

II. There is no entry or exit of the firms.

Which among the above statements are true? (Paper II)

Choices

Choice (4)Response

a.

Only II is true.

b.

Only I is true.

c.

I and II are true.

d.

Neither I nor II are true.

Question 346

Instruments (Direct and Indirect) of Monetary Policy

Appeared in Year: 2015 (UGC NET)

Question

MCQ▾

An interest rate risk means: (June)

Choices

Choice (4)Response

a.

When borrowers fail to fulfill the term of the loan contract

b.

A rise in interest rate will raise the value of financial security in the secondary market

c.

When unintended inflation arises

d.

A rise in interest rate will mean a fall in the value of security in the secondary market

Question 347

Monetary and Fiscal Policy Efficacy

Appeared in Year: 2015 (UGC NET)

Question

MCQ▾

When LM curve is vertical , which of the following is correct? An increase in money supply will lead to: (December)

Choices

Choice (4)Response

a.

Fall in the level of income

b.

Rise in the rate of interest

c.

No change in the level of income

d.

Fall in interest rate

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