CSS Economics Solved Mcqs

Q.  Under perfect competition, demand for a factor is its:

a. MRP curve
b. ARP curve
c. TRP curve
d. TR - TC


ANSWER: See Answer
 
No explanation is available for this question!
MCQs:  In the Fisher's equation of exchange MV = PT, what does T denote?
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MCQs:  Who introduced the concept of the real balance effect?
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MCQs:  The relationship between the market rate of interest and the market price of a bond is:
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MCQs:  The degree of elasticity in respect of speculative demand for money, under the liquidity trap conditions, is:
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MCQs:  A retail price index is a good measure of changes in:
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MCQs:  Which of the following is not an instrument of monetary policy?
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MCQs:  At a very low rate of interest, the interest-elasticity of the speculative demand for money becomes:
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MCQs:  The liquidity trap condition occurs at a:
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MCQs:  In which capacity does a person stand to gain from deflation?
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MCQs:  According to the classical approach, the demand for money primarily depends upon:
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MCQs:  Which of the following measures is helpful in controlling inflation?
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MCQs:  During the period of hyper-inflation, there takes place astronomical rise in prices and, as a result, money becomes almost worthless. Such a situation was witnessed in Germany in 1923 and in China in:
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MCQs:  Stagflation refers to a situation which is characterised by:
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MCQs:  The first explanation of stagflation was offered originally in 1931 by:
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MCQs:  The reduction or elimination of inflation is known as:
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MCQs:  Which of the following is not a function of a commercial bank?
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MCQs:  Which of the following is not a liability of commercial banks?
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