Description : Given the money wages, if the price level in an economy increases, then the real wages will - (1) increase (2) decrease (3) remain constant (4) become flexible
Last Answer : (2) decrease Explanation: If workers receive a higher nominal wage and the price level does not change, then the real purchasing power of their wages is higher and they are inclined to increase the quantity of labor supplied.
Description : Which of the following statement is inconsistent with Say's Law (a) The economy has flexible wages and prices. (b) The economy's level of investment solely depends on the level of income. © The ... produce at full employment level of output. (d) The economy has an environment of laissez faire .
Last Answer : (b) The economy’s level of investment solely depends on the level of income.
Description : In a single evaporator system, the steam economy __________ by creating vacuum in the evaporator. (A) Increases (B) Decreases (C) Remain constant (D) May increase or decrease, depends on the vacuum
Last Answer : (A) Increases
Description : The absorptivity of a grey body at a given temperature __________ with increasing wavelength of radiation. (A) Increases (B) Decreases (C) Remain constant (D) May increase or decrease; depends on the material
Last Answer : (D) May increase or decrease; depends on the material
Description : For a given Reynold number as d/D for an orifice increases, Cd will (where, d & D are orifice & pipe diameters respectively). (A) Increase (B) Decrease (C) Remain constant (D) Either (A) or (B); depends on other factors
Last Answer : (A) Increase
Description : Which of the following can be used for checking inflation temporarily? (1) Increase in wages (2) Decrease in money supply (3) Decrease in taxes (4) None of these
Last Answer : (2) Decrease in money supply Explanation: An open market operation (also known as OMO) is an activity by a central bank to buy or sell government bonds on the open market. India ... those in the other developed countries. Economists claim that an increase in money supply alone constitutes inflation.
Description : Which of the following can be used for checking inflation temporarily ? (1) Increase in wages (2) Decrease in money supply (3) Decrease in taxes (4) None of these
Last Answer : Decrease in money supply
Description : As the temperature of the air increases from 0 degrees C to 20 degrees C, the wavelength of a sound made by a tuning fork of fixed frequency does which of the following? Does the wavelength w) increase x) decrease y) remain the same z) increase up to a maximum, then remain constant
Last Answer : ANSWER: W -- INCREASE
Description : The field of economics that is now called Macroeconomics grew out of the era of the Great Depression, which saw the economy experience a prolonged downturn and persistent high unemployment. ... the labor market, thereby eliminating unemployment (d) the government should intervene in the economy
Last Answer : (d) the government should intervene in the economy
Description : If consumer’s income increases, the demand for normal product X (a) will remain unchanged (b)will necessarily increase © will necessarily decrease (d) may increase or decrease
Last Answer : (b)will necessarily increase
Description : During periods of inflation, tax rates should - (1) increase (2) decrease (3) remain constant (4) fluctuate
Last Answer : (1) increase Explanation: In economics, inflation is a rise in the general level of prices of goods and services in an economy over a period of time. In other words, inflation means continuously ... To control inflation there should be an increase in the tax rate and increase in the interest rate.
Description : During periods of inflation, tax rates should (1) increase (2) decrease (3) remain constant (4) fluctuate
Last Answer : increase
Description : When the ice floating in a glass of water melts, the level of water will (a) Increase (b) Decrease (c) Remain constant (d) First increase and then decrease
Last Answer : Ans:(c)
Description : When there is a change in demand leading to a shift of the Demand Curve to the right, at the same price as before, the quantity demanded will - (1) decrease (2) increase (3) remain the same (4) contract
Last Answer : (2) increase Explanation: In economics, the demand curve is the graph depicting the relationship between the price of a certain commodity and the amount of it that consumers are willing and able to ... is movement along a demand curve when a change in price causes the quantity demanded to change.
Description : When there is a change in demand leading to a shift of the Demand Curve to the right, at the same price as before, the quantity demanded will (1) decrease (2) increase (3) remain the same (4) contract
Description : Temperature of the product during ultrafine grinding (A) Increases (B) Decreases (C) Remain constant (D) May increase or decrease; depends on the material being ground
Description : The filtrate flow rate in constant pressure filtration (A) Continuously increases (B) Continuously decreases (C) Remain constant throughout (D) May increase or decrease; depends on the pressure
Last Answer : (B) Continuously decreases
Description : With lapse of time, the overhead composition of light component in case of batch distillation with constant reflux (A) Increases (B) Decreases (C) Remain same (D) May increase or decrease; depends on system
Last Answer : (B) Decreases
Description : C.V. (kcal/Nm3 ) of gaseous fuels __________ with increase in molecular weight. (A) Decreases (B) Increases (C) Remain constant (D) May increase or decrease, depends on combustibles
Last Answer : (D) May increase or decrease, depends on combustibles
Description : With increase in the temperature, viscosity of a liquid (A) Increases (B) Decreases (C) Remain constant (D) May increase or decrease; depends on the liquid
Description : The amount of chemical coagulant added for treatment of polluted water __________ with increase in temperature of the polluted water to be treated. (A) Decreases (B) Increases (C) Remain constant (D) May increase or decrease; depends on the chemical characteristics of polluted water
Last Answer : (A) Decreases
Description : The equilibrium constant of chemical reaction __________ in the presence of catalyst. (A) Increases (B) Decreases (C) Remain unaffected (D) Can either increase or decrease (depends on the type of catalyst)
Last Answer : (C) Remain unaffected
Description : You are flying at a constant FL 290 and a constant mach number. The total temperature increases by 5°. The CAS will: a. Remain approximately constant b. Increase by 10 kts c. Decrease by 10 kts d. Will increase or decrease depending on whether you are above or below ISA
Last Answer : a. Remain approximately constant
Description : If price of Tea increases the demand of coffee will (a) Increase ; (b) Decrease ; (c) Remain same ; (d) Cannot say
Last Answer : (a) Increase
Description : As a certain type of clothing becomes more fashionable, we would expect its equilibrium price (a) to decrease and quantity will remain constant ; (b) and quantity will decrease; (c) to increase and quantity to decrease ; (d) and quantity to increase
Last Answer : ; (d) and quantity to increase
Description : The price of Ford automobiles increases and the price of Chevrolets remains constant, the demand for Chevrolets will (a) increase ; (b) decrease ; (c) decrease then increase ; (d) increase then decrease
Last Answer : (a) increase ;
Description : If the activity level increases 10%, total variable costs will A. remain the same B. increase by more than 10% C. decrease by less than 10% D. increase by10%
Last Answer : D. increase by10%
Description : For water, when the pressure increases, the viscosity (A) Also increases (B) Decreases (C) Remain constant (D) First decreases, and then increases
Last Answer : (D) First decreases, and then increases
Description : The boundary layer thickness at a given section along a flat plate __________ with increasing Reynold's number. (A) Increases (B) Decreases (C) Remain same (D) May increase or decrease
Description : An Increase in national income because of an increase in price is called- (1) an increase in national income in real terms (2) an increase in national income at constant prices (3) an increase in money national income (4) an increase in national income at base year prices
Last Answer : (4) an increase in national income at base year prices Explanation: To find the real value of changes in output under inflationary conditions, the effects of any general price increase (price inflation) ... the base year. It holds prices constant in terms of the prices existing in the base year.
Description : An increase in national income because of an increase in price is called (1) an increase in national income in real terms (2) an increase in national income at constant prices (3) an increase in money national income (4) an increase in national income at base year prices
Last Answer : an increase in national income at base year prices
Description : A metal plate with a circular hole at the centre is heated. What will happen to the area of the hole? (1) Increase (2) Decrease (3) Remain constant (4) Will increase first and then decrease
Last Answer : (1) Increase Explanation: Assuming the disc is uniform and isotropic (the same in different directions), the hole will expand in the same ratio as the metal. It is because the thermal expansion equation ... is made out of metal. And if the circumference of the hole expands, so does the diameter.
Description : How the interest-level of a country is affected by FDI? (1) increases (2) decreases (3) remains unaffected (4) there is increase or decrease
Last Answer : (2) decreases Explanation: A higher international interest rate will decrease FDI since it means a higher cost of fund in international market, and vice versa. Interest rate is a measure of the cost of capital ... to a decrease in FDI. Interest rate and FDI can both be the cause and effect of other.
Description : How the interest-level of a country is affected by FDI ? (1) increases (2) decreases (3) remains unaffected (4) there is increase or decrease
Last Answer : decreases
Description : Can someone please explain to me, in laymans terms, the difference between "real wages" and "money-wages"?
Last Answer : ** Disclaimer: I'm not an economist! The way I see it used is like this: If I get paid $20 per hour, this is the nominal wage. The real wage is the purchasing power of that $20. In ... real wages . While nominal wages have increased since the 70s, Real wages have not for much of the workforce.
Description : With decrease in the grain size of a material, its creep resistance (A) Increases (B) Decreases (C) Remain constant (D) Either (A) or (B); depends on the material
Last Answer : (C) Remain constant
Description : With increase in initial concentration, the fractional conversion of a first order reaction in a given time (A) Increases (B) Decreases (C) Remain constant (D) Unpredictable
Description : With increase in the discounted cash flow rate of return, the ratio of the total present value to the initial investment of a given project (A) Decreases (B) Increases (C) Increases linearly (D) Remain constant
Description : With increase in temperature, the thermal conductivity of non-metallic amorphous solids (A) Decreases (B) Increases (C) Remain constant (D) First decreases upto certain temperature and then increases
Last Answer : (B) Increases
Description : With increase in temperature, the thermal conductivity of most liquids (A) Increases (B) Decreases (C) Remain same (D) First increases upto a certain temperature and then becomes constant
Last Answer : (C) Remain same
Description : bulk modulus of elasticity with increase in pressure (A) Increases (B) Decreases (C) Remain constant (D) Increases first up to certain limit and then decreases
Last Answer : Answer: Option A
Description : As per total outlay method, demand is said to be elastic if as result of change in price total outlay (a) Increases ; (b) Decrease ; (c) Remain same ; (d) None
Last Answer : (c) Remain same ;
Description : In β-decay of radioactive material, the ratio of neutron to proton (A) Increases (B) Remain same (C) Decreases (D) Is unpredictable; may increase or decrease
Last Answer : (C) Decreases
Description : If the spring mass system with m and spring stiffness k is taken to very high altitude, the natural frequency of longitudinal vibrations * 1 point (A) increases (B) decreases (C) remain unchanged (D) may increase or decrease depending upon the value of the mass
Last Answer : (C) remain unchanged
Description : If the spring mass system with m and spring stiffness k is taken to very high altitude , the natural frequency of longitudinal vibrations A) Increases B) Decreases C) Remain unchanged D) May be increase or decrease depending upon the value of the mass
Last Answer : C) Remain unchanged
Description : With increase in temperature, the thermal conductivity of a gas (A) Increases (B) Decreases (C) Remain same (D) May increase or decrease depending on the type of gas
Description : With increase in C/H ratio of a fuel, the dew point of flue gases (A) Increases (B) Decreases (C) Remain same (D) May increase or decrease; depends on the type of fuel
Description : As the C/H ratio of the fuel increases, the amount of CO2 formed on combustion __________ for the same percentage of excess air. (A) Decreases (B) Increases (C) Remain same (D) May increase or decrease depending on the type of fuel
Description : With increase in the shear rate, the apparent viscosity of pseudo-plastic fluids (A) Increases (B) Decreases (C) Remain same (D) May increase or decrease; depends on the magnitude of shear rate