[Download PDF] CUET PG Economics Previous Paper (2022 Shift-1) Paper with Solutions

Instructions

For the following questions answer them individually

Question 51

For the total cost function $$C = 1000 + 120x + 14x^{2} + x^{3}$$ find marginal cost function.

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Question 52

If the value of standard deviation is 3 and that of arithmetic mean is 9 then find the value of coefficient of variation :

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Solution

The coefficient of variation (CV) is a measure of relative variability and is calculated as the ratio of the standard deviation (σ) to the mean (μ), expressed as a percentage.

Standard deviation (σ) = 3

Arithmetic mean (μ) = 9

Coefficient of Variation (CV) = (σ / μ) * 100

Substitute the given values into the formula:

CV = (3 / 9) * 100

CV = 0.333 * 100

CV = 33.33%

So, the coefficient of variation is 33.33%. (Option B)

Question 53

For an economy, the marginal propensity to consume is $$\frac{3}{4}$$ and the marginal tax rate is $$\frac{1}{9}$$, then value of multiplier is

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Question 54

In which year was the Kisan Credit Card started?

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Question 55

If one of the regression coefficients value is greater than 1, then the value of the second regression coefficient must be -

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Solution

Both regression coefficients must have the same sign. If one of them is positive, the other should be positive, or if one of them is negative, the other should be negative.If one regression coefficient is greater than one, then the other coefficient should be less than one.

Option A is the correct answer.

Question 56

On the imposition of a tariff, the welfare of a country improves

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Question 57

In a symmetrical distribution the value of coefficient of Skewness is __________.

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Solution

The formula for measuring skewness is Skewness = Mean - Mode / Standard Deviation i.e.,

The first absolute measure of skewness is divided by the standard deviation.

If the distribution is symmetric, then the mean is equal to the median, and the distribution has zero skewness.

Question 58

Rural landless employment guarantee program was launched in the year ___________.

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Question 59

Consumption : C = 1000 + 0.84
: I = 50
The output produced by the economy is 800. The level of unplanned inventories is

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Question 60

Match List I with List II :

Choose the correct answer from the options given below:

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CAT Content

CUET PG Economics Previous Paper (2022 Shift-1)

For the total cost function $$C = 1000 + 120x + 14x^{2} + x^{3}$$ find marginal cost function.

If the value of standard deviation is 3 and that of arithmetic mean is 9 then find the value of coefficient of variation :

For an economy, the marginal propensity to consume is $$\frac{3}{4}$$ and the marginal tax rate is $$\frac{1}{9}$$, then value of multiplier is

In which year was the Kisan Credit Card started?

If one of the regression coefficients value is greater than 1, then the value of the second regression coefficient must be -

On the imposition of a tariff, the welfare of a country improves

In a symmetrical distribution the value of coefficient of Skewness is __________.

Rural landless employment guarantee program was launched in the year ___________.

Consumption : C = 1000 + 0.84 : I = 50The output produced by the economy is 800. The level of unplanned inventories is

Match List I with List II : Choose the correct answer from the options given below:

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Consumption : C = 1000 + 0.84
: I = 50
The output produced by the economy is 800. The level of unplanned inventories is

Match List I with List II :

Choose the correct answer from the options given below: