NTA-NET (Based on NTA-UGC) Economics (Paper-II): Questions 187 - 190 of 851

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Question number: 187

» Population and Economic Development » Concepts of Demography » Life Tables

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Appeared in Year: 2014

MCQ▾

Question

In a life table which of the following does not fit? (June)

Choices

Choice (4) Response

a.

It tells the age-specific mortality rate.

b.

Age-specific life expectancy can be estimated

c.

Age-specific birth rate can be derived from a life table.

d.

There are eight columns in a life table.

Question number: 188

» Public Finance » Role of the Government in Economic Activity » Private, Public and Merit Goods

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Appeared in Year: 2013

Assertion-Reason▾

Question

Assertion (Ꭺ)

There is no incentive for a profit-maximizing producer to supply the public goods. (December)

Reason (Ꭱ)

If he produces it, he is unable to exclude people from consuming it and hence he cannot charge a price.

Choices

Choice (4) Response

a.

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

b.

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

c.

Ꭺ is true but Ꭱ is false

d.

Ꭺ is false but Ꭱ is true

Question number: 189

» Development and Planning » Theories of Development » Classical, Marx and Schumpeter Theroies

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Appeared in Year: 2017

MCQ▾

Question

Which among the following statements are true for Schumpeter’s theory of economic development?

  1. Development is evolutionary.

  2. Development is financed by real savings.

  3. Capitalism keeps its character intact overtime.

Of the above which statements are/is true?

Choices

Choice (4) Response

a.

Only I and II

b.

Only I

c.

None of the above

d.

Question does not provide sufficient data or is vague

Question number: 190

» Macro-Economic Analysis » Demand for Money » Keynesian Approach

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Appeared in Year: 2014

MCQ▾

Question

When the aggregate supply schedule is positively sloped, continuous increases in the nominal money supply, ceteris paribus, result in (June)

Choices

Choice (4) Response

a.

An increase in the price level and real output.

b.

An increase in the price level and a decrease in real output.

c.

No change in real output and proportional increases in the price level.

d.

No change in the price level and proportional increases in real output.