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Cash Reserve Ratio (CRR) is the fraction of the deposits that commercial banks must keep with RBI
The Indirect Utility function is = 12M3/27PxPy, where M is the income, P(x) is the price of commodity X and P(y) is the price of commodity Y....
What is the short-run effect of expansionary fiscal policy under a flexible exchange rate regime with perfect capital mobility?
Which method is used by Hicks to eliminate the income effect when price of a product is changed
Which of the following Herfindahl-Hirschman Index is most consistent with monopoly?
According to the Mundell-Fleming model for a small open economy with flexible exchange rates, if the Federal Reserve cannot alter domestic int...
For fixed proportion production function, the elasticity of substitution is
Consider an economy described by the following equations:
C = 100 + 0.6 ∗ (Y − T) (consumption function)
Given the following data for an economy:
National Income: $700 billion
Depreciation: $50 billion
Indirect taxes minus subsidie...
Which of the following steps can be taken to reduce current account deficit in India?
1. Setting the import quota limits
2. reducing expor...
What is sum product of the error an independent variable in OLS estimation
