NTANET (Based on NTAUGC) Economics (PaperII): Questions 435  439 of 851
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Question number: 435
» Statistical Methods » Simple Correlation and Regression Analysis
Appeared in Year: 2016
Question
If OLS is applied separately to each equation that is part of a simultaneous equation system, the resulting estimates will be (Paper III)
Choices
Choice (4)  Response  

a.  Biased and inconsistent 

b.  Unbiased and inconsistent 

c.  Unbiased and consistent 

d.  Biased and consistent 

Question number: 436
» Statistical Methods » Statistical Inferences » Applications
Appeared in Year: 2016
Question
For the diagram below, which of the following is a correct description in terms of derivations:
(Paper III)
Choices
Choice (4)  Response  

a. 


b. 


c. 


d. 


Question number: 437
» International Economics » Impact of Tariffs » Partial and General Equilibrium Analysis
Appeared in Year: 2016
Question
Who developed the use of trade indifference curves in the analysis of trade theory? (Paper II)
Choices
Choice (4)  Response  

a.  J E Meade 

b.  A P Lerner 

c.  A Marshall 

d.  B Ohlin 

Question number: 438
» Development and Planning » Theories of Development » Dependency Theory of Development
Appeared in Year: 2016
Question
Who among the following, originally, formulated the ‘Turnpike Theorem’? (Paper II)
Choices
Choice (4)  Response  

a.  Von Neumann and Morgenstern 

b.  Koopmans 

c.  Radner 

d.  Dorfman, Samuelson and Solow 

Question number: 439
» MacroEconomic Analysis » Demand for Money » Fisher and Cambridge Versions
Appeared in Year: 2015
Question
Find the pair which does not match:
Choices
Choice (4)  Response  

a.  Long run consumption function Permanent income hypothesis 

b.  Demand for money balance to be held Fisher’s equation 

c.  Real balance effect Tobin portfolio theory 

d.  Labour theory of value Ricardo theory of distribution 
