What is the similar meaning word of “Virtue”?
- Vice
- Appropriate
- Evil
- Goodness
At any level of output where short run average cost curve is tangent to the long run average cost curve then we also have?
- LMC > SMC
- LMC < SMC
- LMC = SMC
- LMC = LAC
- LMC < SMC
In monopolistic competition, long-run equilibrium involves?
- Zero economic profit
- Perfect price discrimination
- Excess capacity
- Homogeneous products
If the elasticity of demand for a product is -0.5, this means that ::?
- Demand is perfectly elastic
- Demand is inelastic
- Demand is unit elastic
- Demand is elastic
If Fiscal Policy is trying to promote stability and economic growth through tax cuts, what type of policy is Fiscal policy using?
- Expansionary Fiscal Policy
- Restrictive Fiscal Policy
- Easy Money Policy
- Tight Money Policy
MFN is the abbreviation of?
- The most favored nation
- The most favorite nation
- The most friendly nation
- None of these
How much_____where you live?
- Do houses cost
- Does houses cost
- Does cost houses
- Do cost house
Which one is the synonym for “humble”?
- Modest
- Headstrong
- Timeless
- None of these
The monetary base consists of the?
- Reserve at the Federal Reserve plus vault cash
- Deposits of member banks at the Federal reserve
- Euro-dollars and foreign deposits at the Federal Reserve
- Reserves plus currency in circulation
Also Read: SPSC Past Papers MCQs for all previous years online