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Economics Quantitative Methods for Economic Analysis-I Solved MCQs

These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Master of Arts in Economics (MA Economics) .

1.

Suppose that price of 2 ball and 1 bat is 100 units, then What will be representation of problems in Linear Algebra in the form of x and y?

A. 2x + y = 100
B. 2x + 2y = 100
C. 2x + y = 200
D. x + y = 100
Answer» C. 2x + y = 200
2.

Which of the following is not a type of matrix?

A. square matrix
B. scalar matrix
C. trace matrix
D. term matrix
Answer» D. term matrix
3.

Multiplication of a matrix with a scalar constant is called?

A. complex multiplication
B. linear multiplication
C. scalar multiplication
D. constant multiplication
Answer» C. scalar multiplication
4.

The concept of Eigen values and vectors is applicable to?

A. scalar matrix
B. identity matrix
C. upper triangular matrix
D. square matrix
Answer» D. square matrix
5.

Singular matrix are?

A. non-invertible
B. invertible
C. both non-invertible and invertible
D. none of the above
Answer» A. non-invertible
6.

Determinant value of a singular Matrix

A. 0
B. not equal to 0
C. any value
D. none of the above
Answer» A. 0
7.

The matrix which is the sum of all the diagonal elements of a square matrix?

A. diagonal matrix
B. trace matrix
C. identity matrix
D. both a and b
Answer» B. trace matrix
8.

_______________ is equal to the maximum number of linearly independent row vectors in a matrix.

A. row matrix
B. rank of a matrix
C. term matrix
D. linear matrix
Answer» B. rank of a matrix
9.

Vectors whose direction remains unchanged even after applying linear transformation with the matrix are called?

A. eigen values
B. eigenvectors
C. cofactor matrix
D. minor of a matrix
Answer» B. eigenvectors
10.

Singular Value Decomposition is some sort of generalization of _______ decomposition.

A. singular
B. eigen vector
C. eigen value
D. none of the above
Answer» B. eigen vector
11.

The cofactor is always preceded by a?

A. positive (+) sign
B. negative (-) sign
C. positive (+) or negative (-) sign
D. with decimal
Answer» C. positive (+) or negative (-) sign
12.

What is symmetric Matrix?

A.
B. =
C. both a and b
D. none of the above
Answer» B. =
13.

What is the transpose of cofactor matrix?

A. inverse matrix
B. singular matrix
C. non singular matrix
D. ad joint of a matrix
Answer» D. ad joint of a matrix
14.

Rank of a matrix

A. highest non negative minor
B. highest negative minor
C. both a and b
D. highest non zero minor
Answer» D. highest non zero minor
15.

f(x) = 3x3 - 4x2 + 10 implies

A. f (1) = 10
B. f \(x) = 9x2 - 8x + 10
C. f \\(x) = 18x – 8
D. f \(2) = 20
Answer» C. f \\(x) = 18x – 8
16.

f (x) = 1og x , F’(x) =

A. 2x
B. 1/2x
C. 1/x
D. x
Answer» C. 1/x
17.

Slop of total cost curve equal to

A. mr
B. mc
C. ar
D. ac
Answer» B. mc
18.

What is the value of slope in the inflection point?

A. 1
B. 2
C. -1
D. 0
Answer» D. 0
19.

What is the value of elasticity of demand when MR is equal to zero?

A. 1
B. 0
C. -1
D. 4
Answer» C. -1
20.

When cross elasticity of demand is positive value, what are the types of goods they are?

A. substitute goods
B. complimentary good
C. normal good
D. inferior good
Answer» A. substitute goods
21.

What is the MP of labor of a cob drugless production function? =

A.
B.
Answer» A. ∗
22.

---------------------------- is the relationship between slope of demand curve and elasticity of demand?

A. inverse relationship
B. positive relationship
C. proportional relationship
D. none of the above
Answer» A. inverse relationship
23.

= 25 − 2 = 10 + What is the equilibrium level of price?

A. 5
B. 15
C. -5
D. -15
Answer» A. 5
24.

∫ + 3 =

A. + 3
B. + c
C. + 3 +
D. + 3
Answer» C. + 3 +
25.

Q= 24-2p what is the consumer surplus at p= 5

A. 20
B. 25
C. 23
D. 24
Answer» B. 25
26.

What is the value of∫ + 5 ?

A. 8
B. 7
C. 12.5
D. 15
Answer» A. 8
27.

Evaluate the integral of / ( + 2)

A. 21/2
B. ½
C. lon 3
D. lon 2
Answer» D. lon 2
28.

= + 2 + 2, what is the value x?

A. 1
B. 2
C. -1
D. 1
Answer» C. -1
29.

The total of fist 100 number is-------------- A. 5050 B. 10100 C.7500 D. 5000 40. What is the sum of all 3 digit numbers that leave a remainder of '2' when divided by 3?

A. 897
B. 1,64,850
C. 1,64,749
D. 1,49,700
Answer» A. 897
30.

The sum of third and ninth term of an A.P is 8. Find the sum of the first 11 terms of the progression.

A. 44
B. 22
C. 19
D. none of the above
Answer» A. 44
31.

Given A = 265 and B = (264+263+262+...+20), which of the following is true?

A. b is 264 larger than a
B. a and b are equal
C. b is larger than a by 1
D. a is larger than b by 1
Answer» A. b is 264 larger than a
32.

Which theory describes money received in the current time it has more worth than money received in future

A. cash value of money
B. time value of money
C. storage value of money
D. lead value of money
Answer» B. time value of money
33.

A project assumed monetary gain or loss by discounting entire cash inflows and outflows by utilising the necessary rate of return is listed as

A. net recorded cash value
B. net discounted value
C. net future value
D. net present value
Answer» D. net present value
34.

As per the net present value, any projects to be acceptable should have a

A. positive net present value
B. zero net present value
C. negative net present value
D. both a and b
Answer» D. both a and b
35.

The cash flows method, utilized by the internal rate of return and net present value method are

A. future cash flows
B. lean cash flows
C. discounted cash flows
D. vertical cash flows
Answer» C. discounted cash flows
36.

Which method in a capital budgeting is based on the discounted cash flow?

A. net equity budgeting method
B. net capital budgeting method
C. net future value method
D. net present value method
Answer» D. net present value method
37.

Cash flows are a project’s revenue and are indicated by

A. positive numbers
B. negative numbers
C. relative number
D. hurdle number
Answer» A. positive numbers
38.

In which payback period a due cash flows are discounted with the cost of capital of the project is categorised as

A. discounted project cost
B. discounted cash flows
C. discounted rate of return
D. discounted payback period
Answer» A. discounted project cost
39.

Which of the option is not a part of the three primary procedure of firm valuation?

A. market share
B. balance sheet
C. income or earnings
D. discounted cashflow
Answer» A. market share
40.

Which cash flow is accessible for a firm’s investors?

A. free cash flow
B. investing cash
C. intrinsic stock
D. extrinsic stock
Answer» A. free cash flow

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