Question
At point A, inflation is equal to the underlying rate
of inflation and output is at the level of output consistent with the equilibrium unemployment rate. If the economy were at point B, you would expectSolution
When we are not at the equilibrium rate of unemployment, the rate of underlying inflation changes. Since we don't know what aggregate demand is doing, we can't meaningfully speak of excess supply or demand. Our presumption will be that aggregate demand and short-run aggregate supply are equal.
An automobile agency launched a scheme that if a customer purchased two Jabas Discover bikes, one extra Jabas Discover will be free and if he purchases ...
Marked price of an article is 1.45 times of cost price. Selling price is Rs. 1500.Find the discount percentage if profit percentage is 25%
Meera purchased 10 dozens of apples, which cost Rs. 90 per dozen. She sold 6 dozens of apples at Rs. 108 per dozen. At what rate per dozen did she sell ...
An item is priced 40% above its cost price. It's sold for Rs. 2268, after applying a discount of x%, and this sale results in a 12% profit. Determine th...
- A shopkeeper purchases two products, C and D, at Rs. 350 and Rs. 450, respectively. He sells C at a profit of 10% and D at a loss of 8%. Find the net gain ...
There is a certain number of articles in the warehouse. Each article is given distinct codes which is either a single digit number or two consecutive si...
When a shopkeeper sells an item A for Rs.52,800, he incurred a loss of 45%. If he sells another item B of same cost price in order to recover the loss i...
A shopkeeper sells an article for Rs. 506, earning a profit of 15%. If the same article is sold for Rs. 396, what would be the profit or loss percentage?
Ramesh sets the price of an item at 36% above its cost price. If he raises the discount offered from 12% to 18%, his profit decre...
A seller priced 40 items (each having the same cost price) at 175% above their cost price. He sold 1/2th of these it...