Question
The decline in the value of asset due to usage,
accidental damage and time obsolescence is calledSolution
The correct answer is A
An employee has a basic pay of Rs. 12000 and a D.A. of 12% in 1997. If the employee should get a 5% rise in real income each year, what should be the DA...
N people guess an integer between 1 and 100, and the winner is the player whose guess is closest to 2 times the mean of the guesses. What is the equilib...
In a situation when MRS>Px/Py, the consumer would react by:
In a given year, the nominal GDP of a country was $2,500 billion and the real GDP was $2,000 billion. What is the GDP deflator for that year?
X pays Rs. 5 lakhs to a person to transport fake currency worth Rs. 50 lakhs. The Police department pays Rs. 5 lakhs to a detective to investigate the c...
For which of the following consumption functions, the value of income multiplier, k=5?
Walraw’s Law states the following:
Price rigidity or interdependence of firms is a phenomenon witnessed in which market structure?
Labour theory of value was propounded by
                               I.           Adam Smith
...A profit-maximizing monopolist finds that if it remains open, the best output is 50 a week, but at this output it would make a loss. Under what circumst...
