(1)
Which of the following satisfies time reversal test but not factor reversal test ?
Answer: Marshall-Edgeworth
Answer: Marshall-Edgeworth
Answer: χ2 test
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Answer: Long period competitive price
Answer: marginal rate of transformation
Answer: the areas WBFW' and FDL'L together
Answer: Snob effect
Answer: aggregate of consumer and producer surplus
Answer: All of the above are true
Answer: increase in income and interest rate both.
Answer: Both (1) and (2) above
Answer: only Harrod neutral
Answer: Average propensity to consume is greater than marginal propensity to consume.
Answer: Output
Answer: Gunnar Myrdal
Answer: Regional inequalities
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