CSS Economics Solved Mcqs


Q.  Which statement is true:

a. ATC + AVC = AFC
b. ATC + MC = AFC
c. ATC + AFC = AVC
d. AFC + AVC = ATC


ANSWER: See Answer
 
No explanation is available for this question!
MCQs:  Fiat money refers to:
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MCQs:  Which one of the following is an example of quasi-money or near-money?
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MCQs:  When the commodity value of money and its value as money are equal, it is called:
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MCQs:  The limited legal-tender money stands for the component of money which:
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MCQs:  As compared to the classical theory, which function of money was stressed more in the Keynesian theory?
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MCQs:  Bad money drives good money out of circulation. With whole name is this law associated?
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MCQs:  Identify the country which was the first to adopt the gold standard:
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MCQs:  During which decade of the nineteenth century did most European countries adopt the gold standard?
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MCQs:  When did the UK finally abandon the gold standard?
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MCQs:  Who is generally regarded as the founder of the Modern Quantity Theory of Money?
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MCQs:  The Quantity Theory of Money establishes the relationship between quantity of money in an economy and the level of:
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MCQs:  Identify Pigou's cash balances equation:
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MCQs:  In the Fisher's equation of exchange MV = PT, what does T denote?
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MCQs:  Cost-push inflation is caused by:
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MCQs:  Who introduced the concept of the real balance effect?
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MCQs:  Which of the following according to Milton Friedman is not a key determinant of the demand for money?
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MCQs:  The cash transactions approach to the quantity theory of money is usually associated with the name of:
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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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