MCQ Bank
Which of the following is the correct option for the equation; yt+1 + αyt = c ?
- A) C is a constant term
- B) Yt is the value of the Y in next time period
- C) Yt is the value of the Y in previous time period
- D) Yt+1 is the value of the file:///C:\Users\MUHAMM~1.SHA\AppData\Local\Temp\ksohtml3832\wps4.jpgY in current time period
Which of the following is the incorrect option for the dynamic stability of price equation; $P'' + \frac{m}{n}p' + [ - \frac{{\beta + \delta }}{n}]P = - \frac{{\alpha + \gamma }}{n}$ When n<0 ?
- A) The system will dynamically stable with A1 >0 and A2 = 0
- B) All of the given options
- C) The system will dynamically stable with A1 = 0 and A2 >0
- D) The system will dynamically unstable with A1 = 0 and A2 >0
Which of the following is the correct option for reservation price in equation Q(PR) = -PR2 - PR + 90?
- A) Reservation price will be 12
- B) Reservation price will be 4
- C) Reservation price will be 9
- D) Reservation price will be 6
Which of the following is the correct option for the dynamic stability of the time-path of fish stock function F(t) = -70e-0.12t +90 ?
- A) The particular function will converge to complementary solution
- B) The complementary function will converge to zero
- C) The complimentary function will converge to 90
- D) The complementary function will converge to zero
Which of the following is the correct option for the elasticity equation Ed (P,Q) =-4 ?
- A) None of the given options
- B) The elasticity (-4) of the variable will depend on the taste of the consumer
- C) The general solution can be obtained even if it is an inexact differential equation
- D) The equation cannot be used for the exactness test
Which of the following is the correct option for the term of price equation (dp/dt) ?
- A) It is rate of change in price over time
- B) It is slope of rate of change in price over time
- C) It is average price over time
- D) It is market price of goods over time
Which of the following is the correct option for the phase diagram ?
- A) It is a graphical method to test the dynamic stability of the system
- B) It is a form of quantitative aspect of the time path for differential equation
- C) It is a form of exactness test for differential equation
- D) All of the given options
Which of the following is the correct option for the time-path of fish stock function F(t) = -70e-0.12t +90 when time t=0?
- A) The quantity of fish stock function F(t) will be 70
- B) The quantity of fish stock function F(t) will be 20
- C) The quantity of fish stock function F(t) will be 160
- D) The quantity of fish stock function F(t) will be 90
Which of the following is the correct option for dynamic sense of equilibrium in market price, P(t) = Pc + PP ?
- A) Pc is the complementary price of the market
- B) Pc will fade towards equilibrium price as time increases
- C) Pp is the equilibrium price of the market
- D) All of the given options
Which of the following is the correct option for dynamic stability of equation, C(t) =-11e-2t + 80 ?
- A) The complementary function will converge to particular solution
- B) The particular function will converge to complementary solution
- C) None of the given options
- D) The complimentary function will not converge to particular solution
Which of the following is the correct option in the equation, $\frac{{dy}}{{dt}} + \,3ty = \,t{y^2}$ ?
- A) It is first order non homogeneous differential equation
- B) It is the definite solution of the first order non homogeneous differential equation
- C) It is a non linear differential equation
- D) The equation can be used for the exactness test
Which of the following is the incorrect example of first difference equation ?
- A) Price of sugar cane
- B) Price of cotton
- C) Stock exchange activity
- D) Capital stock
Which of the following is the correct option for the dynamic stability of the time-path of $i(t) = [i(0) - (\frac{{\alpha + \gamma }}{{\beta + \delta }})]{e^{\frac{{\beta + \delta }}{{\rho - \sigma }}t}}{\mkern 1mu} + \frac{{\alpha + \gamma }}{{\beta + \delta }}$
- A) None of the given options
- B) The complementary function will converge to particular solution
- C) The complimentary function will not converge to particular solution
- D) The particular function will converge to complementary solution
Which of the following is the correct option for the Phillips equation dπ/dt = j (p - π) When j > 0 ?
- A) Actual Unemployment is than expected inflation
- B) Actual inflation and expected inflation are independent from each other
- C) Actual Inflation is more than expected inflation
- D) Actual Inflation is less than expected inflation
Which of the following is the incorrect option for second order differential equations with $a_1^2 = 4{a_2}$ ?
- A) It will have no real roots
- B) All of the option
- C) It will have complex roots
- D) It will have distinct real roots
Which of the following is the correct option for Mdy+ Ndt =0 ?
- A) None of the given options
- B) The equation cannot be used to find out the definite solution of the variables
- C) The equation is used to solve out the non linear differential equation
- D) The equation can be applied to confirm the exactness test
Which of the following is the correct option for equation, xy.dx+2x.dy=0 and U(x,y)= 0.5xy-c ?
- A) It is the general solution of the non linear homogeneous differential equation
- B) It is the definite solution of the non linear homogeneous differential equation
- C) All of the given options
- D) The function can be solved without using exactness test
Which of the following is the correct option for the quantity supply of a sale function, Q(t) = 300e-0.04t +400 when time t=0?
- A) The quantity supplied of sale function Q(t) will be 400
- B) The quantity supplied of sale function Q(t) will be 300
- C) The quantity supplied of sale function Q(t) will be 700
- D) The quantity supplied of sale function Q(t) will be 100
Which of the following is the incorrect option for the non linear differential equation?
- A) The equation will not depend on the time
- B) The equation cannot have power of dependent variable other than one
- C) The equation can have power of the independent variable other than one
- D) All of the given options
Which of the following is the correct option in the equation, y''(t)+a1y' +a2y = b if a1 = 0, a2 = 0 ?
- A) The particular solution of Yp will be equal to zero
- B) None of the given options
- C) The particular solution Yp will be equal to t
- D) The particular solution Yp will be equal to bt