Managerial Economics MCQs and Notes

R

Ranjeet • 34.60K Points
Instructor I

Q 1. The traffic which maximizes a country’s economic welfare is called

(A) Discriminatory traffic
(B) Protective traffic
(C) Optimum traffic
(D) Non-Discriminatory traffic

R

Ranjeet • 34.60K Points
Instructor I

Q 2. The fundamental cause for the collapse of the Bretton woods system was:

(A) The liquidity problem
(B) The adjustment problem
(C) The confidence problem
(D) None of the above

S

Shiva Ram • 30.44K Points
Instructor I

Q 3. The income consumption curve generally?

(A) Slopes upwards to the right
(B) Slopes downwards to the right
(C) Slopes upwards to the left
(D) Slopes downwards to the left

A

Admin • 36.93K Points
Coach

Q 4. Who has suggested the utilization of “disguised unemployment” as a source of savings potential in underdeveloped countries?

(A) W.A Lewis
(B) Ragnar Nurkse
(C) Gunnar Myrdal
(D) K.K Kurihara

P

Priyanka Tomar • 35.28K Points
Coach

Q 5. Which of the following is a problem connected with general equilibrium analysis?

(A) Uniqueness problem
(B) Existence problem
(C) stability problem
(D) all of the above

R

Ranjeet • 34.60K Points
Instructor I

Q 6. A situation where the firm is not in a position to recover its variable costs at the prevailing prices is known as:

(A) Point of inflation
(B) Equilibrium point
(C) Optimum point
(D) None of these

P

Priyanka Tomar • 35.28K Points
Coach

Q 7. Direct control refers to:

(A) Trade and exchange controls
(B) Interference with the operation of the market forces
(C) Price and wage controls
(D) All of these

G

Gopal Sharma • 38.32K Points
Coach

Q 8. The interrelation between innovations and investment opportunity was first pointed out by:

(A) Schumpeter
(B) Samuelson
(C) T. R. Hicks
(D) Torgenson

V

Vinay • 28.75K Points
Instructor II

Q 9. The proportionality between the velocity of price movement and the inflationary gap is:

(A) Indirect and irregular
(B) Direct and linear
(C) Irregular and direct
(D) Indirect and non-linear

P

Praveen Singh • 36.71K Points
Coach

Q 10. Factor intensity as it is used in economics, is primarily s:

(A) Relative concept
(B) Absolute concept
(C) Abstract concept
(D) Empirical concept

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