Preference

Question: Which will be included to the GDP?

  1. a.
    Buy a T. V for home
  2. b.
    Buy a microscope
  3. c.
    Buy a tractor by the farmer
  4. d.
    Buy a micro bus by the travel agency
  5. e.
    None of the above
Answer: a

Question: Which type of unemployment is associated with a deficiency in aggregate demand?

  1. a.
    frictional
  2. b.
    voluntary
  3. c.
    cyclical
  4. d.
    structural
  5. e.
    None of these
Answer: c

Question: Profit of a firm is equal to—

  1. a.
    Average cost - Marginal revenue
  2. b.
    Total revenue – Total cost
  3. c.
    Average revenue - Marginal revenue
  4. d.
    Average revenue - Marginal cost
  5. e.
    None of the above
Answer: b

Question: ‘Rural electrieity’ is the example of—

  1. a.
    Perfect competition market
  2. b.
    Oligopoly market
  3. c.
    Monopoly market
  4. d.
    Duopoly market
  5. e.
    None of the above
Answer: c

Question: Normal goods means--

  1. a.
    Which's quantity demanded falls at the rising price
  2. b.
    Which's quantity demanded rises at the rising income
  3. c.
    Which likes everyone
  4. d.
    Which likes normal buyer
  5. e.
    None of the above
Answer: a

Question: Demand elasticity of a straight line in every point--

  1. a.
    1
  2. b.
    0
  3. c.
    Equal
  4. d.
    Different
  5. e.
    None of the above
Answer: d

Question: 'Ceteris paribus' meaning of the word is--

  1. a.
    Other things remaining constant
  2. b.
    Causual Relation
  3. c.
    Market equilibrium
  4. d.
    Invisible hand
  5. e.
    None of these
Answer: a

Question: What is a central assertion of 'Monetarist' economics?

  1. a.
    Fiscal policy should be used for the continuous management of the company
  2. b.
    The money supply dominates determination of aggregate monetary expenditure
  3. c.
    The valocity of circulation of money is unstable over time
  4. d.
    Major recessions can occur despite an unchanged money supply
  5. e.
    None of these
Answer: b

Question: What is GNP deflator?

  1. a.
    Nominal GNP/Real GDP
  2. b.
    Nominal GNP/Real GNP
  3. c.
    Nominal GDP/Real GDP
  4. d.
    Nominal GDP/Real GNP
  5. e.
    None of the above
Answer: b

Question: Devaluation of Taka is likely to increase—

  1. a.
    Tariff
  2. b.
    Tax
  3. c.
    Import
  4. d.
    Export
  5. e.
    Trade
Answer: d

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