Kerala PSC Previous Years Question Paper & Answer
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Below are the scanned copy of Kerala Public Service Commission (KPSC) Question Paper with answer keys of Exam Name 'LECTURER IN ECONOMICS KERALA COLLEGIATE EDUCATION' And exam conducted in the year 2014. And Question paper code was '055/2014'. Medium of question paper was in Malayalam or English . Booklet Alphacode was 'A'. Answer keys are given at the bottom, but we suggest you to try answering the questions yourself and compare the key along wih to check your performance. Because we would like you to do and practice by yourself.
68. The cross elasticity of goods under ந competition is :
(ക سوا 1] ண
(C) infinity (D) positive
64, Homoscedasticity assumption implies that :
ல 1-௦ © دزا
رتا Fluu;]=0 യ श्र] ०
65. Under menopaly, the degree of monopoly power is measured by the formula :
P-MC P- AR
R کچ جم
پ6 7 −
ست ن فق م
7 P
66. In hypothesis testing, type | error means :
(4) Accept H, when it is false ' (B)Rejec[”n\A’h(‘nizistrue
((‘,)Ac:-vptl{__,whenitisfalsc (D) Reject H, when it is true
67. Mundell's impossible trinity means the impossibility of coexistence of :
(८५) Free capital flow, fixed exchange rate, independent monetary policy
(8) Free capital flow, flexible exchange rate, independent monetary policy
(C) Fixed capital flow, fixed exchange rate, restricted monetary policy
1) Fixed capital flow, flexible exchange rate, restricted monetary policy
68. Neoclassical steady state is achieved when the value of capital (k) and 00116 0 ratio is :
ശ്ര 070, ಸಿಎ! © ടേ. 151
© . g=1, k=0 യ >1
69. The book “Keynegian Economics and Fconomics of Keynes” is written by :
(^) عمل (B) Patinkin
)0 Akerlof (D) Leijonhufvud
70. Under imperfect capital mobility, fiscal expansion is more effective when ;
(A) BP curve is flatter than LM curve
(8) BP curve is flatter than IS ೧೫೧7೮
(C) BP curve is steeper than LM curve
(D) None
55/2014 10
