Macroeconomics-Determination of Output and Employment [GATE (Graduate Aptitude Test in Engineering) Economics (XH-C1)]: Questions 1 - 5 of 77
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Question 1
Appeared in Year: 2013
Question MCQ▾
The optimum capital stock is achieved when the user cost of capital is equal to (Dec)
Choices
Choice (4) | Response | |
---|---|---|
a. | The depreciation rate | |
b. | The marginal product of capital | |
c. | The interest rate | |
d. | Tobin՚s Q |
Question 2
Appeared in Year: 2013
Question MCQ▾
A major portion of the multiplier effect is realized in fewer periods when marginal propensity to consume is (Dec)
Choices
Choice (4) | Response | |
---|---|---|
a. | Unity | |
b. | Larger | |
c. | Smaller | |
d. | Question does not provide sufficient data or is vague |
Question 3
Appeared in Year: 2014
Question MCQ▾
Frictional unemployment is also known as (June)
Choices
Choice (4) | Response | |
---|---|---|
a. | Structural unemployment | |
b. | Cyclical unemployment | |
c. | Disguised unemployment | |
d. | Turnover unemployment |
Question 4
Appeared in Year: 2014
Question MCQ▾
Arrange in ascending chronological order the following consumption hypotheses in which they appeared in the economics literature:
(1) Absolute increase hypothesis
(2) Permanent increase hypothesis
(3) Life cycle hypothesis
(4) Relative increase hypothesis (June)
Choices
Choice (4) | Response | |
---|---|---|
a. | 1,3, 2,4 | |
b. | 1,4, 2,3 | |
c. | 1,3, 4,2 | |
d. | 1,2, 4,3 |
Question 5
Appeared in Year: 2013
Question MCQ▾
‘Price Scissors’ refer to (December)
Choices
Choice (4) | Response | |
---|---|---|
a. | Relative price of imported goods in terms of the exported goods | |
b. | Relative price of industrial goods in terms of agricultural goods | |
c. | Relative price of fuel and industrial goods | |
d. | Question does not provide sufficient data or is vague |