www.McqFinder.in

Home
MCQ
Search
Free Apps
Important
Study Groups
Contact Us
Policy

Home
MCQ
Objective Questions
GK
GK Set-1
Economics
Indian Economics
232

Indian Economics MCQ (GK Set-1) with Answers

232) Who, among the following economists, used the technique of ’kinked demand curve’ to explain price rigidity under oligopoly?

Paul Sweezy

Hall and Hitch

Chamberlin

Stigler

Answer is:

Paul Sweezy

Indian Economics MCQ (GK Set-1) with Answers

For more MCQ's Click Here

Related Indian Economics MCQ (GK Set-1) with Answers

233) Which law states that, with given taste and preferences, the pro portion of income spent on food stuff diminishes as income increases?

Engel’s law

Gresham’s law

Giffin’s law

Say’s law

Answer is:

Engel’s law

234) Money was introduced in the growth models for the first time by

R. F. Harrod

E.Domar

J.Robinson

None of the above

Answer is:

None of the above

235) According to Ragner Nurkse in the contest of an underdeveloped economy, the inducement to invest is limited by

Lack of saving

The policy of the Government

Lack of investment oppor tunities

The size of the market

Answer is:

Lack of saving

236) Inflationary gap measures the excess of aggregate expenditure over the aggregate supply at

Before full employment

At full employment

Beyond full employment

Both (A) and (B) above

Answer is:

Beyond full employment

Indian Economics MCQ (GK Set-1) with Answers

For more MCQ's Click Here