Macro Economics [MA Entrance]

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MA Economics Entrance

Join Online Video Classes by Prime Academy for MA Economics Entrance Examination. The Video Classes are prepared by Mr. Dheeraj Suri, an expert faculty teaching Economics for over 20 years.

The Macro Economics Course for MA Economics Entrance, has been taught by Mr. Dheeraj Suri. The Video Lectures are designed to cover the topics for MA Economics Entrance Exhaustively. The Duration of Video Lectures is approximately 90 Hours.

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Created by Dheeraj Suriadmin

Solow Model Test #1

1. Please Read the Questions and all the options Carefully, Before Selecting Your Choice.
2. You are not Allowed to edit your answers after submission.
3. The Paper has twenty Questions
4. Time Allowed is 20 Minutes.
5. It is necessary to enter your valid Email id to attempt this test.

 

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1 / 20

Investment increases proportionately with the increase in capital stock implies that, for a given rate of saving _______

2 / 20

In the Solow Model, The production function becomes __________ as k increases indicating that it gives _____________ marginal product of capital

3 / 20

The aggregate production function for the Solow growth model assumes (A) ___________ returns to scale and (B) _____________marginal productivity of labour and capital.

4 / 20

In the Solow Model, the point where investment is equal to depreciation is known as the ______________.

5 / 20

According to the Solow Model, _____________________ is a function of capital.

6 / 20

Consider an economy described by the following production function :

F(K, L) = K0.5L0.5  

Assume that the rate of depreciation is 10% per year and rate of saving is 30%. Find the steady state level of Investment of Solow’s model.

7 / 20

 

Consider an economy described by the following production function :

F(K, L) = K0.5L0.5  

Assume that the rate of depreciation is 10% per year and rate of saving is 30%. Find the steady state capital stock per worker of Solow’s model.

8 / 20

In the Solow Model, the change in saving rate produces

9 / 20

In the Solow Model, the economy which is not at steady state

10 / 20

In the Solow Model, at the steady state we have

11 / 20

In the Solow model, the steady-state level of capital per worker is determined by:

12 / 20

What is the "golden rule" level of capital in the Solow model?

13 / 20

In the Solow model, what role does the depreciation rate play in the economy?

14 / 20

The Solow model predicts that countries with lower initial levels of capital per worker will:

15 / 20

In the Solow model, technological progress is often considered to be:

16 / 20

According to the Solow model, if a country increases its saving rate, what will happen in the long run?

17 / 20

In the context of the Solow model, what is meant by "steady state"?

18 / 20

According to the Solow model, an increase in the population growth rate will:

19 / 20

Which of the following assumptions is NOT part of the Solow model?

20 / 20

In the Solow model, convergence occurs when:

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Course Content of our Video Lectures

Chapter 1 : Money [486 Minutes]

Number of Lectures   11 Lectures

Total Duration   486 Minutes

Number of Questions in Notes   Questions

Number of MCQ Tests on this Chapter   Tests

Chapter 2 : Inflation [328 Minutes]

Number of Lectures   7 Lectures

Total Duration   328 Minutes

Number of Questions in Notes   Questions

Number of MCQ Tests on this Chapter   Tests

Chapter 3 : National Income [212 Minutes]

Number of Lectures   7 Lectures

Total Duration   212 Minutes

Number of Questions in Notes   Questions

Number of MCQ Tests on this Chapter   Tests

Chapter 4 : IS – LM [324 Minutes]

Number of Lectures   8 Lectures

Total Duration   324 Minutes

Number of Questions in Notes   Questions

Number of MCQ Tests on this Chapter   Tests

Chapter 5 : Monetary & Fiscal Policies [291 Minutes]

Number of Lectures   7 Lectures

Total Duration   291 Minutes

Number of Questions in Notes   Questions

Number of MCQ Tests on this Chapter   Tests

Chapter 6 : Aggregate Demand [162 Minutes]

Number of Lectures   4 Lectures

Total Duration   162 Minutes

Number of Questions in Notes   Questions

Number of MCQ Tests on this Chapter   Tests

Chapter 7 : Labour & Aggregate Supply [291 Minutes]

Number of Lectures   4 Lectures

Total Duration   291 Minutes

Number of Questions in Notes   Questions

Number of MCQ Tests on this Chapter   Tests

Chapter 8 : Phillips Curve & Okun’s Law [379 Minutes]

Number of Lectures   6 Lectures

Total Duration   379 Minutes

Number of Questions in Notes   Questions

Number of MCQ Tests on this Chapter   Tests

Chapter 9 : Expectations [309 Minutes]

Number of Lectures   4 Lectures

Total Duration   309 Minutes

Number of Questions in Notes   Questions

Number of MCQ Tests on this Chapter   Tests

Chapter 10 : Consumption Functions [237 Minutes]

Number of Lectures   4 Lectures

Total Duration   237 Minutes

Number of Questions in Notes   Questions

Number of MCQ Tests on this Chapter   Tests

Chapter 11 : Investment [155 Minutes]

Number of Lectures   3 Lectures

Total Duration   155 Minutes

Number of Questions in Notes   Questions

Number of MCQ Tests on this Chapter   Tests

Chapter 12 : Demand for Money [200 Minutes]

Number of Lectures   5 Lectures

Total Duration   200 Minutes

Number of Questions in Notes   Questions

Number of MCQ Tests on this Chapter   Tests

Chapter 13 : Open Economy [364 Minutes]

Number of Lectures   7 Lectures

Total Duration   364 Minutes

Number of Questions in Notes   Questions

Number of MCQ Tests on this Chapter   Tests

Chapter 14 : Foreign Exchange Markets [195 Minutes]

Number of Lectures   3 Lectures

Total Duration   195 Minutes

Number of Questions in Notes   Questions

Number of MCQ Tests on this Chapter   Tests

Chapter 15 : Purchasing Power Parity [90 Minutes]

Number of Lectures   2 Lectures

Total Duration   90 Minutes

Number of Questions in Notes   Questions

Number of MCQ Tests on this Chapter   Tests

Chapter 16 : Growth Models [673 Minutes]

Number of Lectures   11 Lectures

Total Duration   673 Minutes

Number of Questions in Notes   Questions

Number of MCQ Tests on this Chapter   Tests

Chapter 17 : Policy Issues [186 Minutes]

Number of Lectures   4 Lectures

Total Duration   186 Minutes

Number of Questions in Notes   Questions

Number of MCQ Tests on this Chapter   Tests

Chapter 18 : Financial Markets [139 Minutes]

Number of Lectures   3 Lectures

Total Duration   139 Minutes

Number of Questions in Notes   Questions

Number of MCQ Tests on this Chapter   Tests

Chapter 19 : Schools of Economic Thoughts [500 Minutes]

Number of Lectures   13 Lectures

Total Duration   500 Minutes

Number of Questions in Notes   Questions

Number of MCQ Tests on this Chapter   Tests