CUET PG 2022 Question Paper Economics Shift-1

Instructions

For the following questions answer them individually

CUET PG 2022 Economics Shift-1 - Question 31


In the case of price leadership by the dominant firm, all the firms in the purely oligopolistic industry will produce their best level of output

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CUET PG 2022 Economics Shift-1 - Question 32


The Golden Rule rate of savings refers to

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CUET PG 2022 Economics Shift-1 - Question 33


The best or optimum level of output for a perfectly competitive firm is given by the point where

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CUET PG 2022 Economics Shift-1 - Question 34


Aggregate demand is -

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CUET PG 2022 Economics Shift-1 - Question 35


The demand for money is -

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CUET PG 2022 Economics Shift-1 - Question 36


The user cost of capital is :

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CUET PG 2022 Economics Shift-1 - Question 37


When $$\alpha$$ = 3/4 and $$\beta$$ = 1/4 for the Cobb Douglas production function, returns to scale are

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CUET PG 2022 Economics Shift-1 - Question 38


The natural rate of unemployment equals the sum of :

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CUET PG 2022 Economics Shift-1 - Question 39


Which of the following statements is correct?

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CUET PG 2022 Economics Shift-1 - Question 40


According to the Phillips curve, unemployment will return to the natural rate, when:

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