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What does the elasticity of substitution depict?
Which new feature was introduced in Japan’s banknotes to deter counterfeiters?
Consider the following:
Assertion (A): According to Peacock-Wiseman hypothesis, public expenditure increases overtime in a step-by-step manner.
A worker’s wage in 1996 was Rs.180. What should be the wage in 1999 so that the worker remains at the same level of consumption? [Consider 1995 as the...
The Banking Ombudsman Scheme is introduced under which of the following sections in Banking Regulation Act, 1949?
Assertion (A): There is a natural tendency to collude under oligopoly.
Reason (R) : Inter-dependence of firms in oligopolisti...
Walraw’s Law states the following:
As the degree of product differentiation increases among the products sold in a monopolistically competitive industry, which of the following occurs?
Consider an exchange economy with two agents, 1 and 2, and two goods, X and Y. Each agent's consumption set is in +R2. The endowments of agents 1 and 2 ...
R-square is the fraction of
