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1. Let X and Y be statements. If we know that X implies Y , then we can also conclude that :
a. X is true , and Y is also true.
b. if X is false , then Y is false.
c. if Y is true , then X is true.
d. if Y is false , then X is false
2.Let X , Y and Z be statements . Suppose we know that X implies Y , and that Y implies Z . If we also know that X is false , we can infer that :
a. Y is true , and Z is false
b. Y is false , and Z is true
c. both Y and Z are false.
d. None of the above.
3. If the saving propensity is 14 percent , and the incremental capital output ration is 4 , and the population rate of growth is 3 percent , there is crs and no technical progress :
a. warranted rate of growth is greater than the natural rate of growth
b warranted rate of growth is less than the natural rate of growth
c. the economy will ablways grow at 3 percent rate of growth
d. the economy will always grow at more that 3 percent rate of growth
4 If utensils worth rs 100 are produced with steel worth 50 , wages paid are 10 , depreciation of machinery is 0 and other material purchased is 10 , then value added in the process is :
a 40
b 50
c 100
d 10
Thanks in advance. Much appreciated..!!
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