Top 50+ Solved Mathematical Economics and Econometrics MCQ Questions Answer

From 1 to 15 of 32

Q. The measurement of economic data:

a. mathematical

b. econometrics

c. business

d. statistics

  • b. econometrics

Q. An identity between two alternative:

a. behavioral

b. definitional

c. conditional

d. none

  • b. definitional

Q. The relation of Price and quantity demanded:

a. negative

b. positive

c. no relation

d. none

  • b. positive

Q. The wants satisfying power of a commodity:

a. consumption

b. saving

c. utility

d. interest

  • c. utility

Q. The relationship between income and consumption:

a. consumption

b. saving

c. investment

d. none

  • a. consumption

Q. The transformation of physical inputs in to physical outputs:

a. production

b. consumption

c. distribution

d. investment

  • a. production

Q. The difference between total revenue and the total Cost:

a. cost

b. income

c. profit

d. revenue

  • c. profit

Q. MPS + MPC =?

a. 2

b. 0

c. 1

d. 3

Q. The difference between the present level of income and the past level ofincome:

a. saving

b. consumption

c. investment

d. none

  • c. investment

Q. The first derivative of the consumption function is:

a. marginal revenue

b. marginal cost

c. marginal propensity to consume

d. none

  • c. marginal propensity to consume

Q. Revenue function TR = 22x²+14, find Marginal revenue?

a. 44x

b. 40x

c. 22x

d. 54x

  • a. 44x

Q. The addition to total cost:

a. mc

b. ac

c. tc

d. none

  • a. mc
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