Question : If the marginal propensity to consume is denoted by c, then the government expenditure multiplier can be expressed as _______.
Option 1: c
Option 2: 1/1-c
Option 3: 1/c
Option 4: -1/c
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Correct Answer: 1/1-c
Solution : The correct answer is 1/1-c.
The additional consumer spending that results from a rise in national income is known as the marginal propensity to consume (MPC). It is the extra spending brought on by an extra dollar in revenue. The multiplier is calculated as 1/(1 minus MPC).
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Question : Directions: If code P is denoted by 7, X is denoted by 9, M is denoted by 5, Z is denoted by 8, L is denoted by 2, and T is denoted by 1, then what will ZLTPXM be?
Option 1: 812851
Option 2: 821591
Option 3: 812715
Option 4: 821795
Question : The gross primary deficit can be expressed as ______.
Option 1: Gross fiscal deficit – Net interest liabilities
Option 2: Capital expenditure – Revenue deficit
Option 3: Gross fiscal deficit + Net interest liabilities
Option 4: Revenue deficit + Capital expenditure
Question : If $\sqrt{1+\frac{\sqrt{3}}{2}}-\sqrt{1-\frac{\sqrt{3}}{2}}=c$, then the value of $\mathrm{c}$ is:
Option 1: 1
Option 2: 4
Option 3: 3
Option 4: 2
Question : If $c+ \frac{1}{c} =\sqrt{3}$, then the value of $c^{3}+ \frac{1}{c^{3}}$ is equal to:
Option 1: 0
Option 2: $\sqrt[3]{3}$
Option 3: $\frac{1}{\sqrt{3}}$
Option 4: $\sqrt[6]{3}$
Question : If $\frac{a^2}{b+c}=\frac{b^2}{c+a}=\frac{c^2}{a+b}=1$, then $\frac{1}{1+a}+\frac{1}{1+b}+\frac{1}{1+c}$ is:
Option 2: 2
Option 4: 4
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