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 'HSST JUNIOR ECONOMICS' And exam conducted in the year 2018. And Question paper code was '012/2018'. 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.
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A producer cannot cross the 150-008 11716 0008056 ೦8
(A) fixed outlay (B) entire outlay
(ಲ) price (D) none of the above
Who is the founder of behaviouralistic theories ?
(ಯ एश) (B) Cyert and March
(C) Modigliani (D) Karl Marx
Gilt edged market means
(ക) bullion market (B) market of government securities
(C) market of guns (D) market of pure metals
A mathematical expression showing the relationship between volume of output and its total cost
of production is called
(ക) cost-function (B) price-function
(C) demand function (D) supply function
In the Keynesian Model of aggregate expenditure, real GDP is determined by the
(A) Level of taxes (B) Level of aggregate demand
(C) Price level (D) Level of aggregate supply
An increase in expected future income
(ക shifts the saving function upward
(B) decreases consumption expenditure
(€) increases saving
(D) shifts the consumption function upward
If the marginal propensity to save is 0.6, then the Marginal Propensity to consume Is
(ಹ) 1.0 ௩) 04
(ಲ) 0.6 (D) not determinable
‘When the consumption function becomes steeper,
(ಹ) the saving function also become steeper
(B) the MPC falls
(C) the MPCrises
(D) loss of every dollar is consumed
012/2018 8
