MCQ Bank
Which of the following is the incorrect option for the dynamic time path of the money market , P(t) = [ P(0) - Ms/αY] e-(αjY)t + Ms/αY ?
- A) The deviation will converge towards particular solution if αj>0
- B) The particular solution is equal to P(0)
- C) There is a particular solution to the equation
- D) There is a complementary solution to the equation
Which of the following is the incorrect option for $\frac{{dP}}{{dt}}$= j(Qd - Qs) ?
- A) The value of j will be negative
- B) All of the given options
- C) The value of j will be zero at equilibrium point
- D) The value of j is known as adjustment coefficient
Which of the following is the correct option in the equation, y''(t)+a1y' +a2y = b if b<0 ?
- A) None of the given options
- B) It is first order homogeneous differential equation
- C) It is a non linear differential equation
- D) It is second order second degree differential equation
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) There will be convergence towards complementary solution
- B) There will be no convergence towards particular solution
- C) There will be no impact of the convergence mechanism
- D) None of the given options
Given the equation for rate of investment I’(t) = 0.05I+90, Which of the following is the incorrect option?
- A) It is a case of non homogeneous first order differential equation
- B) There is a particular solution to the equation
- C) It is a case of non homogeneous second order differential equation
- D) All of the given options
Which of the following is the correct option for the $\frac{{dy}}{{dt}} + \,Ry = \,T{y^m}$ assuming m=0?
- A) The value of the equation will not depend on time
- B) It will be a first order linear differential equation
- C) There will be not general solution for the equation
- D) It is a non linear first order homogeneous differential equation
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) All of the given options
- D) The equation represent a modified form of elasticity of investment
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