basic economics qiuz
TRANSCRIPT
Who wrote the essay on the “Principles of Population” ?
Sir James Ball
Richard Baldwin
Thomas Malthus
Dean Baker
Thomas Malthus
Richard Baldwin
Sir James Ball
Dean Baker
Who wrote the essay on the “Principles of Population” ?
What do you call people who do not have a job but are looking out for one?
Unemployed
Employed
Self-employed
Not in the labor force
What do you call people who do not have a job but are looking out for one?
Unemployed
Employed
Self-employed
Not in the labor force
What do you call a market that is perfectly competitive?
Efficient
Running at a loss
Inefficient
In debt
What do you call a market that is perfectly competitive?
Efficient
Running at a loss
Inefficient
In debt
Shortage
Surplus
Opportunity
Equilibrium
What happens when there is a demand exceeds the quantity supplied in a market?
What happens when there is a demand exceeds the quantity supplied in a market?
Shortage
Surplus
Opportunity
Equilibrium
What is the alternate name for consumer price index?
Paasche Index
Laspeyres Index
Keynes Index
Mundell Index
What is the alternate name for consumer price index?
Mundell Index
Paasche Index
Laspeyres Index
Keynes Index
What will the sum of a country’s inflation and unemployment rates result in?
Depression
Mixed economy
Misery index
Recession
What will the sum of a country’s inflation and unemployment rates result in?
Depression
Mixed economy
Misery index
Recession
Which of the following can shift a long-run aggregate supply curve to the right?
Increase in unemployment
Advances in technology
Natural disaster
Decrease in capital
Which of the following can shift a long-run aggregate supply curve to the right?
Increase in unemployment
Decrease in capital
Advances in technology
Natural disaster
Gilt –edged market means ?
Bullion market
Market of govt. securities
Market of guns
Market of pure metals
Gilt –edged market means ?
Bullion market
Market of govt. securities
Market of guns
Market of pure metals
Which Indian got Nobel prize in economics ?
Manmohan Singh
Amarthya Sen
Raghuram Rajan
Jagadish Bhagawati
Which Indian got Nobel prize in economics ?
Manmohan Singh
Amarthya Sen
Raghuram Rajan
Jagadish Bhagawati
What is the Nature of economics?
All of the above
Cost and production
Art as well as Science
Demand and supply
What is the Nature of economics?
Cost and production
Art as well as Science
Demand and supply
All of the above
Who defined economics as the “Science of Choice Making”?
Adam smith
Alfred Marshall
Sir Robbins
Samuel sons