10 August
August 10, 2020 മലയാളത്തിൽ പരിശീലിക്കാൻ ഇവിടെ ക്ലിക്ക് Practice Type Exam Note in English
Objective Type Exam

Maximum mark 20

Question

1) In a two  sector model, equilibrium income equals

Answers

A bar consumption

c by y

None of these

Question

2) In the equation AD = Ᾱ + cY, if investment increases the aggregate demand curve will shift

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Parallally upwards

Parallally downwards

pivot upward

pivot downward

Question

3) In the given equation C = 100 + .8y, MPC is

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100

100 + .8y

.8

100.8y

Question

4) I MPC increases , equilibrium income will

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Increase

Decrease

remain same

None of these

Question

5) Match the following

A B
1)ΔC/ΔY i MPS
2)Consumption when income is zero ii Multiplier
3)ΔS/ΔY iii MPC
4)1/1-c iv Autonomous consumption

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1)ii, 2)iii, 3)i, 4)iv

1)iii, 2)iv, 3)i, 4)ii

1)i, 2)iii, 3)iv, 4)ii

1)iv, 2)iii, 3)i, 4)ii

Question

6) MPC =

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c/y

ΔC/ΔY

mps three

four

Question

7) Among the following, choose the one which represent the multiplier:

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one by MPC

MPC devided by MPS

MPS devided by MPC

Question

8) If all the people of the economy increase the proportion of income they save, the aggregate savings in the economy will not increase. This phenomenon is known as

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Paradox of thrift

Paradox of prosperity

Leontif paradox

Giffen paradox

Question

9) If the value of MPC in an economy is unity, the value of MPS will be

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One

Zero

Infinity

Two

Question

10) One among the following is not a characterestic of Keynesian consumption function:

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The aggregate real consumption consumption expenditure is a stable function of real income

The MPC must lie in between zero and one

The consumption is a function of rate of interest

MPC = 1 - MPS

Question

11) Ex Ante values are called

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Planned values

Actual values

Realized values

Actual and realised values

Question

12) MPS is 0.25,  then multiplier is

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1

0.75

1.33

4

Question

13) MPC + ___ = 1

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MPC

MPS

MEC

None of these

Question

14) At equilibrium AD = __

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DD

C

I

AS

Question

15) C = 20 + 0.8Y if  income = 100, then consumption will be

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10

80

100

20

Question

16) MPC is 0.8, then MPS is

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1

.2

2

.8

Question

17) Change in graph due to the change in parameters is called

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Parametric shift

Movement along the curve

Expansion

Contraction

Question

18) y = a + bx is a

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Linear equation

Radical equation

Rational equation

None of these

Question

19) MPS = 1 - ___

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MEC

MPC

MPS

Consumption

Question

20) Find odd-one

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Consumption demand

Investment demand

Derived demand

Government demand

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This test is prepared by UAH