A. New classical economists
B. Keynesian.
C. Marxists
D. Monetarists
Economics Mcqs
Annual growth rate of agriculture for the year 2010-11 was ?
A. 3.5%
B. 4.5%
C. 2.5%
D. 5%
The Phillips curve is a graph showing the relationship between ?
A. the price level and the unemployment rate
B. the inflation rate and the unemployment rate
C. the level of aggregate output and the price level
D. the inflation rate and the level of aggregate demand
The view of the Phillips curve that prevailed in the 1960s implied that policies that ?
A. lower unemployment rate will tend to lower the inflation rate
B. lower unemployment rate will tend to raise the inflation rate
C. raise inflation rate will tend to raise the unemployment rate
D. lower inflation rate will tend to raise the unemployment rate
The Triple Project was designed to carry surplus water from the jhelunito chenab and from chenab to the ?
A. Sutlej
B. Upper Bari Doaab
C. Ravi
D. None of these
The expectations augmented Phillips curve was the Work of which group of economists ?
A. New classical economists
B. Keynesian.
C. Monetarists
D. Marxists.
Investment in agriculture sector is Rs ?
A. 49.9 billion
B. 50.9 billion
C. 45.9 billion
D. 45.1 billion
An unspoken agreement between workers and firms that the firm will not cut wages is known as ?
A. an implicit or social contract
B. a relative-wage contract
C. employment at will
D. an explicit contract
Which one is the dominant source of foreign exchange earning ?
A. Textile
B. Foreign remittance
C. Agriculture
D. Manufacturing
Even though explicit contracts may lead to layoffs during recessions explicit contracts may still be efficient because such contracts ?
A. minimize negotiation costs
B. minimize unemployment effects
C. guarantee that only the least productive workers will be laid off.
D. will equitable spread the layoffs among junior and senior workers