Macro-Economic Analysis-Determination of Output and Employment [NTA-NET (UGC-NET) Economics & Development (01)]: Questions 6 - 9 of 69
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Question 6
Appeared in Year: 2017
Question MCQ▾
In an economy, the saving and investment functions are given as:
What will be the equilibrium level of income?
Choices
Choice (4) | Response | |
---|---|---|
a. | 900 | |
b. | 1000 | |
c. | 600 | |
d. | 700 |
Question 7
Appeared in Year: 2017
Question MCQ▾
Classical dichotomy refers to which of the following?
Choices
Choice (4) | Response | |
---|---|---|
a. | Influence of money is not on the real variables like employment and output but on price level. | |
b. | There are two sectors of the economy, namely, agriculture and industry. | |
c. | Savings come only from profits and not from wages. | |
d. | All of the above |
Question 8
Appeared in Year: 2017
Question MCQ▾
Which among the following theory/approach does treat consumption to depend upon expected income?
Choices
Choice (4) | Response | |
---|---|---|
a. | Friedmans approach | |
b. | Keynes approach | |
c. | Life cycle approach | |
d. | Question does not provide sufficient data or is vague |
Question 9
Appeared in Year: 2014
Question Match List-Ⅰ List-Ⅱ▾
Complete the statements given in List – I with List – II: (June)
List-Ⅰ (Group – I) | List-Ⅱ (Group – II) |
---|---|
(A) Instantaneous adjustment of income with investment spending occurs in | (i) State multiplier |
(B) Major portion of multiplier is realized in fewer periods when | (ii) Dynamic multiplier |
(C) Value of investment multiplier is zero when | (iii) MPC is smaller |
(D) Consumption lags income by one period in | (iv) Increase in investment expenditure is once for all |
Choices
Choice (4) | Response | |
---|---|---|
| ||
a. |
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b. |
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c. |
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d. |
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