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June 21st, 2014, 05:29 PM
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Question Paper for UGC NET Economics

Please provide me question paper for National Eligibility Test (NET) economics subject examination in PDF file format ?

Here I am giving you question paper for National Eligibility Test (NET) economics subject examination in PDF file attached with it so you can get it easily.

1. The cost incurred by the firm in
hiring labour is called as
(A) Explicit Cost
(B) Implicit Cost
(C) Marginal Cost
(D) Total Cost

2. The locus of Pareto Optimality in
Production and Consumption is given by
(A) The Social Welfare Function
(B) The Utility Possibility Curve
(C) The Transformation Curve
(D) The Grand Utility Possibility
Curve

3. List – I List – II
a. Tea and
Coffee
1. Veblen goods
b. Car and
Petrol
2. Substitutes
c. Gold and
Diamonds
3. Giffen goods
d. Ragi and
Bajra

4. Complementary
Codes :
a b c d
(A) 2 1 3 4
(B) 2 4 1 3
(C) 4 1 2 3
(D) 4 3 1 2

4. Assertion (A) : In the short run
under perfect competition,
given the market demand and
market supply the industry is in
equilibrium at that price which
clears the market.
Reason (R) : In the long run all the
firms in the industry earn profit.
Codes :
(A) Both (A) and (R) are true and (R)
is the correct explanation of (A).
(B) Both (A) and (R) are true, but
(R) is not the correct
explanation of (A).
(C) (A) is true, but (R) is false.
(D) (A) is false, but (R) is true.

5. Put the following in chronological
order on the basis of development :
i. Law of Demand
ii. Revealed Preference Analysis
iii. Indifference Curve Analysis
iv. Law of Diminishing Marginal
Utility
(A) i iii ii iv
(B) i iv iii ii
(C) i ii iv iii
(D) i iii iv ii

6. If the monopolist incurs loss in the
short run, then in the long run
a. he will go out of business
b. he will stay in business
c. he will break even
d. any of the above is possible
(A) a and b (B) a and c
(C) a only (D) d only

7. The condition of Pareto Optimality
holds correct under
(A) Perfect Competition
(B) Monopolistic Competition
(C) Oligopoly
(D) Monopoly

8. Assertion (A) : Compared to the
individual supply curve, the
aggregate supply curve is more
elastic.
Reason (R) : There is the
possibility of moving between
being out of the labour force and
being in the labour force.
Choose amongst the following the
correct answer.
Codes :
(A) (A) is correct, but (R) is not the
correct explanation of (A).
(B) (A) is correct and (R) is the
correct explanation of (A).
(C) (A) is correct, but (R) is
incorrect.
(D) (A) is incorrect, but (R) is
correct.






Attached Files
File Type: pdf UGC-NET-economics-paper.pdf (423.4 KB, 78 views)

Last edited by Neelurk; May 8th, 2020 at 10:54 AM.
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