The "liquidity trap" refers to a situation where:
The price elasticity of demand for good X is known to be twice that of good Y. Price of X falls by 5% while that of good Y rises by 5%. What is the perc...
The utility function of X is such that X likes to consume 2 units of lemon with every 1 liter of water. The price of lemon is Rs.1.00 and that of 1 lite...
For the regression line of y on x, 2x+7y+32=0, find the value of byx.
In the context of India's labor market, define the Worker Population Ratio (WPR), and state the recent trend in this ratio according to the la...
Which of the following statements about graphs of short-run cost curves is false?
Calculate the GDP at Market Price from the following data (in ₹ Crores):
- Private Final Consumption Expenditure: 8,000
The Ricardian Equivalence Theorem suggests that a budget deficit financed by issuing government bonds will have no effect on aggregate demand. This theo...
In a portfolio investment?
Country A can produce 10 units of cloth or 20 units of wheat per day. Country B can produce 15 units of cloth or 15 units of wheat per day. Which of the...
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