Question
Which of the following is NOT a postulate of the
Classical Model of full-employment equilibrium?Solution
Consumption and saving functions depend on income is NOT a postulate of Classical Model of full-employment.
What is the minimum asset size required for a company to be classified as a Core Investment Company (CIC) in India?
By _____________ economists refer to an unanticipated inflation that reduces the real value of outstanding government debt.
VIF test is done for which of the following?
What is the elasticity of income in the case of Giffen goods?
If Y = -10X and X = -0.1Y, then r is equal to:
If r xy = 0, then:
Consider an economy described by the following equations:
C = 100 + 0.6 ∗ (Y − T) (consumption function)
I = 200 − 10...
The government provides public goods because
In a Cournot duopoly, if one firm increases its output, how does the other firm typically respond?