MCQ Bank
Which of the following is the incorrect option for equation $Y(t) = \,[Y(0) - \frac{{{M_s}}}{\alpha }]{e^{ - (\frac{\alpha }{\beta })}} + \frac{{{M_s}}}{\alpha }$ ?
- A) The value of $\frac{{{M_s}}}{\alpha }$ will is the equilibrium value
- B) The equation have complementary and particular solutions
- C) The value of ${\frac{\alpha }{\beta }}$>0 will ensure convergence towards equilibrium value
- D) The value of ${\frac{\alpha }{\beta }}$ >0 will lead to divergence from equilibrium value
Which of the following is the correct option for dynamic stability in the pollution function given by P(t) = 10e-0.2t ?
- A) The time path should converge towards the zero
- B) The time path should be equal to 10
- C) The time path should diverge from 10
- D) The time path should converge towards the complementary solution
Which of the following the the correct option for the case of complex roots?
- A) There will be real and imaginary value in roots
- B) The value of the discriminant $a_1^2 = 4{a_2}$ will lead to complex roots
- C) The value of the roots will be equal to each other
- D) The value of root will be positive for dynamic stability
Which of the following is the correct option for (Qd - Qs) in static sense of equilibrium in market price?
- A) The negative value will show a surplus of goods
- B) The positive value will show a shortage of goods
- C) The zero value will show an equilibrium state
- D) All of the given options
Which of the following is the correct option for y’’(t) + y’ + 3y = 0 ?
- A) The particular solution will be equal to 4
- B) It is a non homogeneous second order differential equation
- C) It is a homogeneous second order differential equation
- D) The particular solution will be equal to 3
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 non homogeneous first order differential equation
- B) All of the given options
- C) It is a case of homogeneous first order differential equation
- D) There is a particular solution to the equation
Which of the following is the incorrect option for dynamic stability of P(t) = [P(0)-P*]e-kt + P* ?
- A) The complimentary function (Pc) will not be equal to P* only
- B) All of the options
- C) The particular solution can have non constant (kt) value
- D) The complimentary function (Pc) will not converge to P*
Which of the following is the incorrect option for the ${y^n}(t) + {\alpha _1}{y^{n - 1}} + .... + {\alpha _{n - 1}}{y^1}(t) + {\alpha _n}y = b$ ?
- A) It is nth degree differential equation with nth order
- B) All of the given options
- C) It is a non linear differential equation which have been converted from linear equation
- D) It is second degree differential equation with nth order
Which of the following is the correct option for reservation price in equation Q(PR) = -PR2 - 10PR + 75?
- A) Reservation price will be 12
- B) Reservation price will be 5
- C) Reservation price will be 11
- D) Reservation price will be 4
Depending on the value of discriminant in the $P'' + \frac{m}{n}p' + [ - \frac{{\beta + \delta }}{n}]P = - \frac{{\alpha + \gamma }}{n}$ , the nature of roots of characteristic equation gets defined. This gives rise to?
- A) Two cases of complementary functions
- B) None of the given options
- C) Three cases of particular solution
- D) Four cases of complementary functions
Which of the following is the correct option for the Phillips equation p= α- βU - T ?
- A) All of the given options
- B) Unemployment and inflation are inversely related
- C) Inflation will decrease when productivity (T) increases
- D) Inflation will increase when unemployment increase
Expectations-augmented Phillips relation is based mostly on supply side and deals with?
- A) Wages and money supply
- B) Unemployment and money supply
- C) GDP and inflation
- D) Unemployment and actual/expected inflation
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 stable with A1 >0 and A2 = 0
Which of the following is the incorrect option for the Phillips equation p= α- βU - T + g.π ?
- A) All of the given options
- B) It is original Phillips relation
- C) It is adapted Phillips relation
- D) It is adapted money supply and GDP relation
Which of the following is the incorrect option for the gold mine equation dG/dt + 0.02G(t)= 17 ?
- A) The value of 17 will ensure convergence towards equilibrium value
- B) All of the given options
- C) Time path is not involved in the equation
- D) The value of 0.02 will lead to divergence from equilibrium value
Which of the following is the correct option for unemployment equation U(t) = 80e-3t +90 when time t=0?
- A) The Unemployed individual U(t) will be 170
- B) The Unemployed individual U(t) will be 90
- C) The Unemployed individual U(t) will be 80
- D) The Unemployed individual U(t) will be 10
Which of the following is the correct option for the equation; y’’ + 2y’ +3y = 2t2+t+12 ?
- A) Particular solution for this equation will be equal to complementary solution
- B) Method of undetermined coefficients will be used to calculate particular solution
- C) Method of undetermined coefficients will be used to calculate both complementary and particular solution
- D) Method of undetermined coefficients will be used to calculate complementary solution
Which of the following is the correct option for the definite solution of equation; Yt=1 - Yt = 9 ?
- A) The definite solution will be equal to 9t only
- B) The definite solution will be equal to 9 only
- C) The definite solution will be equal to Y0 +9 only
- D) The definite solution will be undefined
Which of the following is the correct option for the equation $\frac{{dy}}{{dt}} + \,(3)y = \,5$ using phase diagram?
- A) The inter temporal equilibrium will be convergent
- B) The inter temporal equilibrium will be divergent
- C) It can be solved with the Bernoulli equation method
- D) The inter temporal equilibrium will be unaffected
Which of the following is the incorrect option for the equation, $\,\frac{{dy}}{{dt}} + \,\frac{\alpha }{\beta }Y = \,\frac{{{M_s}}}{\beta }$ ?
- A) It is first order second degree differential equation
- B) It is first order first degree differential equation
- C) It is a modified form of elasticity of money demand and money supply
- D) The equation cannot be resolved using differential equation method