Q. The traffic which maximizes a country’s economic welfare is called
✅ Correct Answer: (D)
Non-Discriminatory traffic
Managerial Economics MCQs and Notes
Q. The fundamental cause for the collapse of the Bretton woods system was:
✅ Correct Answer: (C)
The confidence problem
Q. The income consumption curve generally?
✅ Correct Answer: (C)
Slopes upwards to the left
Q. Who has suggested the utilization of “disguised unemployment” as a source of savings potential in underdeveloped countries?
✅ Correct Answer: (B)
Ragnar Nurkse
Q. Which of the following is a problem connected with general equilibrium analysis?
✅ Correct Answer: (D)
all of the above
Q. A situation where the firm is not in a position to recover its variable costs at the prevailing prices is known as:
✅ Correct Answer: (D)
None of these
Q. The interrelation between innovations and investment opportunity was first pointed out by:
✅ Correct Answer: (D)
Torgenson
Q. The proportionality between the velocity of price movement and the inflationary gap is:
✅ Correct Answer: (B)
Direct and linear
Q. Factor intensity as it is used in economics, is primarily s:
✅ Correct Answer: (A)
Relative concept