Question
During the first stage of a total product curve, the
total product isSolution
The correct answer is D
What is the optimal number of trips to bank such that cost of holding money is minimum, if the rate of interest foregone is 10% , income is 100 and the ...
In a small open economy with a floating exchange rate, the supply of real money balances is fixed and a rise in government spending ______
The foreign capital investment in India on the eve of independence concentrated on the following sectors of the economy
(i) railways
...
During the first stage of a total product curve, the total product is
What is the degree of homogeneity in case of Constant Elasticity of Substitution production function?
Which of the following is/are included while calculating the national income using the income method?
(1) Wages and salaries in cash
...
Suppose that a firm has the cost function for a plant as given below
C(w, r, q) = 0.5q(w+r)
where q is output, w is the cost of labour l a...
Consider a closed economy wherein
C = 0.8 Yd , t = 0.25 , I = 900 – 50i , G = 800, L = 0.25 Y – 62.5i , M/P = 500
Where in Yd = Di...
Which of the following is NOT a correct statement in the context of National income?
An analyst has data on wages for 100 individuals. The arithmetic mean of the log of wages is the same as:
