NTA-NET (Based on NTA-UGC) Economics (Paper-II): Questions 410 - 413 of 1011

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Question number: 410

» Micro-Economic Analysis » Demand Analysis » Hicksian and Revealed Preference Approaches

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Appeared in Year: 2016

MCQ▾

Question

The below diagram show the risk aversion of two individuals with the help of indifference curves. Choose the correct answer from the following by studying the diagrams.

The indifference curves

The Indifference Curves

The indifference curves

(Paper III)

Choices

Choice (4) Response

a.

A is highly risk averse.

b.

A’s and B’s risk aversion is identical

c.

B is highly risk averse.

d.

Degree of risk aversion is indeterminate.

Question number: 411

» Development and Planning » Theories of Growth and Development » Production Function Approach

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Appeared in Year: 2015

MCQ▾

Question

Exponents of the Cobb-Douglas production represent: (December)

Choices

Choice (4) Response

a.

Output elasticity of factors

b.

Share of factor income in total income

c.

Question does not provide sufficient data or is vague

d.

None of the above

Question number: 412

» Statistical Methods » Sampling and Census Methods

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Appeared in Year: 2015

MCQ▾

Question

If in a village all the farmers are divided into three categories- marginal, small and large, and then a sample of 20 farmers is taken randomly from each category, this could be called: (June)

Choices

Choice (4) Response

a.

Cluster sampling

b.

Stratified sampling

c.

Multi- stage sampling

d.

Systematic sampling

Question number: 413

» Micro-Economic Analysis » Theory of Production and Costs

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Appeared in Year: 2016

MCQ▾

Question

In the following Cobb-Douglas production function , then the share of labour would be (Paper III)

Choices

Choice (4) Response

a.

α

b.

c.

d.

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