Question
Consider a Keynesian Cross Model with following
features, Consumption Function: C= C0 + b (Y – T)  Tax Function: T = T0 + tY  Income Identity: Y = C + Io + Go Where, C = Consumption; Y = Real Income; T = Tax; I = Investment; G = Government Expenditure; b = Parameter; t = Tax Rate (The subscript 0 (zero) indicates that the concerned variable is autonomous) If b = 0.7 and t = 0.2, value of the Keynesian multiplier is_________?Solution
Multiplier = 1/ (1-b+bt) = 1/(1-0.7+(0.7*0.2)) = 2.27
The length and breadth of a rectangle are increased by 30% and 40% respectively. The increase in the area of the resulting rectangle will be:
A sphere is melted to form 81 identical cylinders. If radius of each cylindrical is 1/3rd of the radius of sphere and height of each cylinder...
- The length and width of a rectangle are 40 cm and 24 cm respectively. If the length is increased by 20% and the width is decreased by 10%, what will be the...
Find the area of the sector of a circle with radius 4cm and angle 30°.
A rectangular hall is 24 m long and 15 m wide. Find its area and the cost of flooring it at Rs 45 per square metre.
What is the maximum length of a pole that can fit inside a cubical room with each side measuring 27 cm?
A rectangular field is 40 m long and 25 m wide. Find the cost of fencing it three times all around at the rate of Rs. 12 per metre.
(4x³y – 6x2y2 + 4xy3 y4) can be expressed as:
If the side of square and its area is in the ratio of 7:28 then find its perimeter?
