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

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Question:
The interrelation between innovations and investment opportunity was first pointed out by:

1.Schumpeter

2.Samuelson

3.T. R. Hicks

4.Torgenson

Posted Date:-2021-11-06 10:33:23

More MCQS Questions and answers

  1. A demand curve which takes the form of horizontal line parallel to quantity axis illustrates elasticity which is:
  2. A situation where the firm is not in a position to recover its variable costs at the prevailing prices is known as:
  3. According to real business cycle theory an increase in taxes
  4. According to the Keynesians,
  5. According to the partisan theory,
  6. According to the real business cycle theory business cycles
  7. Adam Smith advocated
  8. Advocates of the public-choice view argue that elected officials
  9. Advocates of the public-choice view argue that voting behaviour is influenced by the
  10. An exceptional demand curve is one that slopes
  11. Assume that the actual deficit is $150 billion with the economy well below potential output and that the level of economic activity rose to its potential level while tax revenues increased by $50 billion and transfer payments fell by $20 billion. Then, what is the structural deficit?
  12. Automatic stabilizers drive changes in
  13. Consider a demand curve which takes the form of a straight line cutting both axes. Elasticity at the mid-point of the line would be:
  14. Deductive method
  15. Demand for a commodity is elastic when it has:
  16. Factor intensity as it is used in economics, is primarily s:
  17. Feudalistic economy is dominated by
  18. From the net tax function: T=t0+t1Y,where t0<0 and t1>0, it follows that, as income rises
  19. Harrod-Domar model was formed the basis of which plan
  20. If external debt of country rises faster than its interest obligations, it is a case of:
  21. If the percentage increase in quantity of a commodity demanded is its price, the coefficient of price elasticity of demand is:
  22. If the quantity of a commodity demanded remains unchanged as its price changes, the coefficient of price elasticity of demand is
  23. If the tax function is T= t0+t1y where t1 equals 1/3, and if the marginal propensity to consume out of disposable income is 3/4, then the change in GDP oer unit change into t0 (ΔY/Δ t0) will be
  24. In any efficiency wage model it must be true that
  25. In case of Giffen goods, demand curve will slope:
  26. In real business cycle models and new classical models
  27. In the new Keynesian models,
  28. In the real business cycle model, business cycles are
  29. Indian exports were increased during 2001-2002 and it went upto the level of:
  30. Joint profits are maximized in the model cartel, which is model of:
  31. Marginal utility curve of a given consumer is also his:
  32. Monopsony is a form of market organization in which there is a:
  33. New Keynesian economics differs from real business cycle economics in that
  34. New Keynesian economists/p>
  35. New Keynesian theories of efficiency wages imply
  36. Protectionism in the international trade stands for:
  37. Real business cycle and new Keynesian models disagree upon
  38. Real business cycle proponents argue that
  39. Suppose that the MPC out of disposable income was 0.8 and the marginal tax rate was 0.25 for a given economy. In this case, the value of the tax multiplier in the simple Keynesian model would be
  40. Suppose that the MPC out of disposable income was 0.8 and the tax function for a given economy was T= -30+0.25Y. an increase in the intercept of the tax function of 10 units(from -30 to -20 would cause equilibrium income in the simple Keynesian model to fall by
  41. The book 'Asian Drama' was written by
  42. The cyclical deficit is that portion of the deficit
  43. The economist who said that international trade was based upon the concept of absolute advantage was:
  44. The elasticity of demand for a product will be higher:
  45. The fundamental cause for the collapse of the Bretton woods system was:
  46. The Historical school was based on
  47. The imposition of an import tariff by a nation will increase the nation's welfare:
  48. The interrelation between innovations and investment opportunity was first pointed out by:
  49. The proportionality between the velocity of price movement and the inflationary gap is:
  50. The real business cycle theory and the new classical theory agree that
  51. The real business cycle theory is most closely related to
  52. The role of the progressive tax system as an autonomous fiscal stabilizer requires that the budget
  53. The traffic which maximizes a country's economic welfare is called
  54. The utility may be defined as:
  55. When an individual's income falls(while everything else remains the same), his demand for an inferior good:
  56. When automatic fiscal stabilizers are in place, a shock that causes a fall in the kevel of economic activity automatically
  57. When average product is falling, it is
  58. When the demand curve is a rectangular hyperbola, it represents:
  59. Which of the following are the most frequently utilized tools of fiscal policy in the United States?
  60. Which of the following cannot be used to justify efficiency wages
  61. Which of the following hypotheses about voter behaviour have been advanced in public-choice literature?
  62. Which of the following is a problem connected with general equilibrium analysis?
  63. Which of the following is the least liquid asset?
  64. Which of the following models view changes in real supply-side factors as determinants of short-run fluctuations in output and employment?
  65. Which of the following statements are correct? In (the)
  66. Which of the following statements are correct? In the insider/outsider model there is
  67. Which of the following statements are(is) correct?
  68. Who has suggested the utilization of “disguised unemployment” as a source of savings potential in underdeveloped countries?
  69. With respect to efficiency wage models the efficiency of workers depends
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