In the Harrod-Domar growth model, economic growth is determined by:
Assume that there are equal numbers of male and female students in a university. Of all male students, 10 per cent major in economics; and of ...
In the standard IS-LM model, an increase in Government spending (G) without changing taxes has
The correlation coefficient is the________________of two regression coefficients:
...If demand is price inelastic, then
Multicollinearity causes
If Y is preferred over X lexicographically. If income is 100 and price of x=1 and price of y is10, then at optimal bundle the total amount of X is
The Phillips curve shows the trade-off between ----- and -----?
Labour theory of value was propounded by
I. Adam Smith
...What will be the probability of losing a game if the winning probability is 0.3?