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NAT II Management Science Economy MCQs With Answers
Question # 1
The elasticity of demand of durable goods is
Choose an answer
More than unity
Equal to unity
Less than unity
Zero
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Question # 2
The interest rate parity is the basic identity that relates which of the following?
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Interest rates and exchange rates
Interest rates and inflation rate
Exchange rates and inflation rate
Discount rate and inflation rate
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Question # 3
As more of a good is consumed, then total utility typically:
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Increases at a decreasing rate.
Decreases as long as marginal utility is negative
Decreases as long as marginal utility is positive
Is negative as long as marginal utility is decreasing.
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Question # 4
Inflation on prices:
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Decrease
Remains constant
Increase
Become zero
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Question # 5
The Kachhi Canal water project shall be completed in:
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September 2008
June 2008
April 2009
December 2008
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Question # 6
Which ASEAN nation had the highest growth rate of 7.5 percent in 2005-06?
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Indonesia
Malaysia
Vietnam
Thailand
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