MCQ Bank
Which of the following is the incorrect option for the equation, I= δY + $\gamma \frac{{dY}}{{dt}}$ ?
- A) The value of δ >1will lead towards convergence
- B) The value of δ >1will lead towards divergence
- C) The value of γ will determine income over time
- D) All of the given options
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) There is a particular solution to the equation
- B) The time path should diverge from the particular solution
- C) The time path should converge towards the complementary solution
- D) The time path should be equal to the particular solution
Which of the following is the correct option for the dynamic stability in case of repeated Real Roots?
- A) The equation will have two and no exponential terms
- B) The equation will have two and similar exponential term with negative sign
- C) The equation will have two and different exponential terms with positive sign
- D) The equation will have two and different exponential terms with negative sign
Which of the following is the correct option for the Government Expenditure equation, dG/dt = -0.07G ?
- A) The value of G(t) does not depend on time
- B) It is first order non homogeneous differential equation
- C) It is first order homogeneous differential equation
- D) It is first order second degree differential equation
Which of the following is the correct option for equation π(t) = π(0)ert ?
- A) There will be convergence towards zero
- B) There will be convergence towards particular solution
- C) There will be divergence from the equilibrium value
- D) There will be convergence towards complementary solution
Which of the following is the correct option for the equation, 3LK + 2KL=0 ?
- A) It is first order differential equation with complex solution
- B) It is first order first degree non homogeneous differential equation
- C) The equation will have no general solution
- D) The equation represents non linear homogeneous differential equation
Which of the following is the correct option for equation Y(t) = [Y(0) - (\frac{\alpha }{{1 - \beta - \delta }})]{e^{\frac{{1 - \beta - \delta }}{\gamma }t}}{\mkern 1mu} + \frac{\alpha }{{1 - \beta - \delta }} ?
- A) The value of \frac{\alpha }{{1 - \beta - \delta }} >0 will ensure convergence towards equilibrium value
- B) The value of \frac{\alpha }{{1 - \beta - \delta }} is the particular solution of the equation
- C) Time path is not involved in the equation
- D) The value of \frac{\alpha }{{1 - \beta - \delta }} = 0 will ensure convergence towards equilibrium value
Which of the following is the correct option for \frac{{dP}}{{dt}}\, \propto (Qd - Qs)?
- A) Price adjustments are inversely proportional to excess demand
- B) Price adjustments are directly proportional to excess/shortage of demand
- C) Price adjustments are inversely proportional to excess supply
- D) Price adjustments are directly proportional to equilibrium quantity
Given the equation for rate of consumption \frac{{dC}}{{dt}} = -4C+10 , Which of the following is the incorrect option?
- A) It is a case of homogeneous first order differential equation
- B) All of the given options
- C) There is a particular solution to the equation
- D) It is a case of non homogeneous first order differential equation
Which of the following is the incorrect option for the equation, \frac{{dy}}{{dt}} + \,u(t).y = w(t) ?
- A) None of the given options
- B) It is first order differential equation with variable term and variable coefficient
- C) It is first order second degree differential equation
- D) The value of the equation will depend on time
Which of the following is the incorrect option for \frac{{dP}}{{dt}}= j(Qd - Qs) ?
- A) The value of j is known as adjustment coefficient
- B) The value of j will be zero at equilibrium point
- C) The value of j will be negative
- D) All of the given options
Which of the following is the correct option for equation if value of γ is negative Y(t) = [Y(0) - (\frac{\alpha }{{1 - \beta - \delta }})]{e^{\frac{{1 - \beta - \delta }}{\gamma }t}}{\mkern 1mu} + \frac{\alpha }{{1 - \beta - \delta }} ?
- A) None of the given options
- B) There will be no convergence towards particular solution
- C) There will be convergence towards complementary solution
- D) There will be no impact of the convergence mechanism
Which of the following is the incorrect option for the equation, I= δY + \gamma \frac{{dY}}{{dt}} ?
- A) The value of δ >1will lead towards divergence
- B) All of the given options
- C) The value of γ will determine income over time
- D) The value of δ >1will lead towards convergence
Which of the following is the incorrect option for static sense of equilibrium in market price, {P^*} = \,\frac{{\alpha + \gamma }}{{\beta + \delta }} ?
- A) The value of price cannot be predicted
- B) The value of price will be inversely related to \alpha + \gamma
- C) The value of the price will be positively related to \alpha + \gamma
- D) The value of price will be constant
Which of the following is the incorrect option for the equation,\frac{{dY}}{{dt}} + \frac{{1 - \beta + \tau \beta - \delta }}{\gamma }Y = \frac{\alpha }{\gamma }?
- A) It is first order third degree differential equation
- B) It is first order second degree differential equation
- C) The equation represent a modified form of elasticity of investment
- D) All of the given options
Which of the following is the incorrect option for the equation, \frac{{dQ}}{{dP}} +2P = -8?
- A) The value of price will be constant
- B) The definite solution can be calculated using integration
- C) The standard first order differential equation cannot be used
- D) None of the given options
Which of the following is the incorrect option for the money market equation, \alpha Y\, + \,\beta \frac{{dy}}{{dt}} = \,{M_s} ?
- A) The value of money supply (Ms) will be constant
- B) The standard first order differential equation can be used
- C) All of the given options
- D) The value of income (Y) will be inversely related money supply (Ms)
Which of the following is the correct option for the, 2yt.dy + {y^3}.dt = \,0 ?
- A) It is a case of inexact differential equation
- B) It is a case of non homogeneous first order differential equation
- C) It is a case of homogeneous first order differential equation
- D) None of the 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 90
- D) The quantity of fish stock function F(t) will be 160
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 complementary function will converge to zero
- B) The complimentary function will converge to 90
- C) The particular function will converge to complementary solution
- D) The complementary function will converge to zero