List of practice Questions

What is price elasticity of demand?
Write the equation for transactionary demand for money.
Define demand deposit.
If the marginal propensity to consume is equal to one then what would be the value of multiplier?
In the theory of effective demand theory what does the 45° line show?
If the marginal propensity to save increases, then what would happen to the quantity of savings?
What are the variables which are defined at a particular point of time called?
What are the conditions for equilibrium of two-sector economy?
What do you understand by burden of debt?
What is the difference between firm's total revenue and total cost?
As compared to the rate of interest on deposits in the bank, the rate of interest on loans is
What will the Reserve Bank do if it wants to increase high-powered money?
In consumption function \( C = \bar{C} + cY \), what is \( c \)?
Which of the following is not physical capital stock?
In \( Y = \overline{C} + I + G + c (Y - I) \), which of the following is an autonomous term?
What is the value of \( c \) in consumption function \( C = \overline{C} + cY \)?
Quantities of which of the following inputs can be varied in the long run?
At which point does marginal cost curve cut the average cost curve?
In the law of variable proportion, which proportion is varied?
If there is an increase of t times in factors of production as a result of which output increases t times, then what will this be called?
As the quantity of input increases, in the beginning what change takes place in the short run marginal cost curve?
Which of the following equations is correct?
Which of the following curves cuts which curve at its minimum point?
Which is larger, the multiplier of open economy or the multiplier of closed economy?
If other inputs are constant, then an increase in the use of one input causes what changes in marginal output?