If r is negative, we know that :

If demand is price inelastic, then

What is the value of elasticity of substitution in case of Cobb Douglas function?

Demonetization refers to

Consider the following:

Statement 1: There exists an inverse relationship between market rates of interest and price of bond

If a tax is placed on the product in this market, tax revenue paid by the buyers is the area

If one’s consumption of a good does not diminish the quantity of good available for consumption by someone else, the consumption is__________.

C= 0.8(1-t)Y , t=0.25, I=200 and G=800. Calculate the change in output when tax rate increases to 0.50

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

When C = 200 + 0.75(Y − T), I = 200 − 25r, G = 100, T = 100. Find IS curve function.