Question
Assume that there are equal numbers of male
and female students in a university. Of all male students, 10 per cent major in economics; and of all female students, 5% major in economics. What is the probability that a student selected at random will be an economics student?Solution
More Research Questions
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:
“ All Giffen goods are inferior, but all inferior goods are not Giffen”. The statement isÂ
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?
