List-I(Indicators) | List-II(Description) | ||
---|---|---|---|
A | Gini Coefficient | I | Measures the wearing out of capital |
B | GDP Deflator | II | Measures poverty |
C | Head Count Ratio | III | Measures changes in price level |
D | Depreciation | IV | Measures inequality |
The matching between measures and concepts is as follows:-
(A) Gini Coefficient measures inequality.
(B) GDP Deflator measures changes in price level.
(C) Head Count Ratio measures poverty.
(D) Depreciation measures the wearing out of capital.
Thus, the correct answer is (b).
List-I(Economic Concepts) | List-II(Description) | ||
---|---|---|---|
A | Kuznets Curve | I | Describes the relationship be tween currency depreciation and current account balance |
B | Fisher Effect | II | Describes the relationship between autonomous investment and output |
C | J Curve Effect | III | Describes the relationship between income and inequality |
D | Multiplier Effect | IV | Describes the relationship between expected inflation rate and interest rate |
List-I(Statistical Concepts) | List-II(Description) | ||
---|---|---|---|
A | Power of a test | I | 1- probability of making type II error |
B | Multicollinearity | II | Where the sample mean differs from the population mean |
C | Biased estimator | III | Correlation between explanatory variables in a regres sion |
D | White noise error | IV | Errors with zero mean and constant standard deviation |