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Q:

The international trade effect states that

A) an increase in the price level will lower net exports. B) an increase in the price level will raise exports.
C) an increase in the price level will raise net exports. D) an increase in the price level will lower imports
 
Answer & Explanation Answer: A) an increase in the price level will lower net exports.

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If an unintended increase in business inventories occurs

A) aggregate expenditures must exceed the domestic output B) we can expect businesses to lower the level of production
C) we can expect aggregate production to be unaffected D) we can expect businesses to increase the level of production
 
Answer & Explanation Answer: B) we can expect businesses to lower the level of production

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Filed Under: Indian Economy
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Q:

Which of the following best defines disposable income?

A) Income received by householdsless personal taxes. B) The before-tax income received by households.
C) All income earned by resource suppliers for their current contributions to production. D) The market value of the annual output net of consumption of fixed capital.
 
Answer & Explanation Answer: A) Income received by householdsless personal taxes.

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Filed Under: Indian Economy
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Q:

The determinants of aggregate demand

A) Consumption expenditure B) Investment expenditure
C) Government expenditure D) All the above
 
Answer & Explanation Answer: D) All the above

Explanation:

Aggregate demand is the total demand for final goods and services in an economy at a given time.

A.D. = C + I + G + (X-M)

where,

A.D. is Aggregate Demand

C is consumption expenditure

I is Investment expenditure

G is Government expenditure and

(X-M) are Net exports (expenditure on Exports).

 

 

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Filed Under: Indian Economy
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Q:

In ΔPQR measure of angle Q is 90°. If tanP = 4/3, and PQ = 1.5cm, then what is the length (in cm) of side PR?

A) 2 B) 2.5
C) 3 D) 4.8
 
Answer & Explanation Answer: B) 2.5

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Filed Under: Simplification
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Q:

ΔXYZ is right angled at Y. If m∠Z = 45°, then find the value of (cosecX - 2/√3).

A) (2-√3)/2√3 B) (1-√6)/√2
C) (√6-2)/√3 D) -1/√3
 
Answer & Explanation Answer: C) (√6-2)/√3

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Filed Under: Simplification
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Q:

The total surface area of a cube is 181.5 cm². Find its side (in cm).

A) 6.5 B) 4.5
C) 7.5 D) 5.5
 
Answer & Explanation Answer: D) 5.5

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Filed Under: Volume and Surface Area
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Q:

What is the sum of the measures of all the interior angles of a regular polygon of 6 sides?

A) 1080 B) 1260
C) 1440 D) 720
 
Answer & Explanation Answer: D) 720

Explanation:
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Filed Under: Volume and Surface Area
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