Question
If the exchange rate of some economy depreciates
vis−a−vis US $ and if the Marshal Lerner condition is satisfied, then the current account deficit of that economy is expected toSolution
Marshall−Lerner condition ensures that devaluation improves a country’s balance of trade position if the sum of the price elasticities of demand for exports and imports (in absolute value) is greater than 1. Assuming that this condition is being fulfilled, then depreciation in exchange rate will decrease the current account deficit.
If 8 times the eighth term of an Arithmetic Progression (AP) is equal to 12 times its twelfth term, then the 20th term of the AP will be
Find the average value of the given data:
25, 30, 28, 32, 35, 40, 20
Which of the following statement(s) is/are correct?
(I) The area of a parallelogram with a base of ...
The number 8192 is which term in the following geometric sequence 2, 8, 32, 128, . . . . . . .
What is the mean of the following numbers:
45, 50, 55, 60, 65
If 3, x, y, 48 are in GP and x, y, 45 in AP, find x and y.
3, 12, 48, 192, __________ find which of the following term is equal to 12288?
How many three digit numbers are divisible by 5?
The sum of three numbers is 226. If the ratio of the first to the second is 4:5 and that of second to the third is 7: 10 then the second number is?
a, b, c in GP; a + b + c = 21, abc = 216. Find numbers.