Question
Ā If f(x) is continuous for all real values of
x and f(x) takes on only rational values, then if f(1)=1, the value of f(0) isSolution
Property: - Let f:[0,1]ā R be continuous such that f(x)āQ for any xā[0,1] then f (x) is constant. Proof Suppose f isn't constant. Then for some a,bā[0,1], f(a)ā f(b);Ā Without Loss of Generality, f(a)
Which of the following fiscal measures will have the most expansionary effect on aggregate demand?
Expansionary fiscal policy in the classical model will cause aggregate demand to-----potential output?
What is the variance of first n natural numbers
The substitution effect for a commodity is
In a monopolistically competitive market, firms earn zero economic profit in the long run primarily because of:
In a situation when MRS>Px/Py, the consumer would react by:
ā All Giffen goods are inferior, but all inferior goods are not Giffenā. The statement isĀ
I f Rs. 10 crores are invested in public works and MPS is 0.25, then the increase in income would be
Money Multiplier is always
The costs of inflation are?