Discussion
Home ‣ General Knowledge ‣ Indian Economy See What Others Are Saying!
- Question
The long run aggregate supply curve is vertical because
Options- A. there is no cyclical inflation
- B. potential GDP is low
- C. at full employment prices are stable
- D. all of the above
- Correct Answer
- at full employment prices are stable
ExplanationThe long-run aggregate supply curve is vertical because it is at the full-employment or potential output. Because the economy's potential output is determined by the availability and productivity of real resources, not by the price level. That means that even if demand increases, firms can't hire new workers and expand because everyone is already working.
- 1. What 'game' was first produced by the Southern Novelty Company in Baltimore, Maryland in 1892?
Options- A. Frisbee
- B. Monopoly
- C. Ouija board
- D. Ping Pong Discuss
- 2. The moon orbits the earth at a mean distance approximately
Options- A. 0.384 million km
- B. 149.6 million km
- C. 579 million km
- D. 227.9 million km Discuss
- 3. The monomer of polythene is
Options- A. vinyl chloride
- B. ethylene
- C. ethyl alcohol
- D. None of the above Discuss
- 4. The most densely populated country of Africa is
Options- A. Mauritius
- B. Rwanda
- C. Burundi
- D. Sierra Leone Discuss
- 5. RAM stands for...
Options- A. Random Access Memory
- B. Really Annoying Machine
- C. Read A Manual
- D. Real Absolute Memory Discuss
- 6. The International Court of Justice is located at
Options- A. Geneva
- B. Hague
- C. Amsterdam
- D. Vienna Discuss
- 7. Galvanised iron sheets have a coating of
Options- A. lead
- B. chromium
- C. zinc
- D. tin Discuss
- 8. Mach number is used in connection with the speed of
Options- A. sound
- B. aircraft
- C. spacecraft
- D. ships Discuss
- 9. The river Jordan drains into the
Options- A. Dead Sea
- B. Adriatic Garden
- C. Gulf of Suez
- D. Resaca Garden Discuss
- 10. How many banks were nationalized in 1969?
Options- A. 16
- B. 14
- C. 15
- D. 20 Discuss
More questions
Correct Answer: Ouija board
Explanation:
The board was invented by Isaac and William Fuld. The word 'Ouija' comes from the French and German words for 'yes', 'oui' and 'ja'.
Correct Answer: 0.384 million km
Correct Answer: ethylene
Correct Answer: Mauritius
Correct Answer: Random Access Memory
Correct Answer: Hague
Correct Answer: zinc
Correct Answer: aircraft
Correct Answer: Dead Sea
Correct Answer: 14
Comments
There are no comments.More in General Knowledge:
Programming
Copyright ©CuriousTab. All rights reserved.