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Who is the author of Trade Cycle ?

A. R.Nurkse

B. R.C.Mathews

C. W.A.Lewis

D. K.N.Raj

Correct Answer : B.


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  1. If the production function is homogeneous, the expansion path will be a straight line through the origin…
  2. In substitution effect, we:
  3. Most of the supply curves with which the average consumer deals are:
  4. The kinked demand curve comes into being where:
  5. According to Leontief technology, there:
  6. Marginal utility means:
  7. The slope of isocost line (budget line) shows:
  8. If the demand for good is less elastic and government levied a tax per unit of output, the price per…
  9. According to marginalistic rule, the profit maximization hypothesis requires:
  10. The elliptical isoquant represents the:
  11. When the law of demand operates the demand curve:
  12. Who finalized the model of imperfect competition?
  13. If X and Y are close substitutes, a rise in the price of X will lead to:
  14. If the commodity is normal then price effect is:
  15. In a perfectly competitive market, suppliers must know:
  16. The budget line is described by each of the following except:
  17. Used cars are sold in:
  18. If there are many producers, each of whom has an individual production possibility curve, then the lowest…
  19. Gold is bought and sold in a:
  20. The indifference curve technique:
  21. The short-run periods in monopolistic competition are:
  22. In which case the elasticity shown by the different points of a curve is the same?
  23. The games which played by players again and again are called:
  24. Cross-elasticity of demand or cross-price elasticity between two perfect complements will be:
  25. When sales tax is imposed on monopolist, its:
  26. The reserve capacity in administration is advocated on the ground that demand for a product will:
  27. Supply and demand changes have their most rapid impact in:
  28. In case of monopoly, both AR and MR fall, but MR falls:
  29. Classical production function is:
  30. In an indifference curve diagram, when the price of a product increases, the decline in quantity demanded…