Question
What is repo
rate?Solution
Repo rate is the rate at which the Reserve Bank of India (RBI) lends money to commercial banks.
For a frequency distribution if Coefficient of variation is 5, standard deviation is 2 and Karl Pearson’s coefficient of skewness is 0.5, the value of...
For a monopoly firm the demand curve is Q=20-2P. For the profit maximizing quantity of 8 units, the mark up of the firm is
When both Average Product (AP) and Marginal Product (MP) are falling, it indicates the operation of which economic law?
The concept of vicious circle of poverty is associated with
Crusoe begins with an endowment A. Point R is the consumption combination he would choose at real interest rate r and point R´ is the consumptio...
What is the effect of expansionary fiscal policy on output and unemployment?
Which among the following is the reason for convergence exhibited by the Solow growth Model ?
Consider a Solovian economy with the aggregate production function Yt = K1/2l1/2 . The initial size of the population is 100...
What is the elasticity of demand given by x=100-50p at price = 10?