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Question
List – I
If price charged by the firm is Rs.10 and quantity sold is 15 units. Marginal cost is Rs. 5. What is the Lerner’s Index of Monopoly power?
The "liquidity trap" refers to a situation where:
Suppose you have estimated wage = 10 + 5skill + 3gender, where gender is one for male and zero for female. If gender had been one for female and zero fo...
When exchange rate in terms of domestic currency rises
If a country’s policy makers were to continuously use expansionary monetary policy in an attempt to hold unemployment below the natural rate the long-...
Refer to the below table and calculate the net value added at market price
You are given the following data for national economy of a country Y:
Equilibrium GDP is $6000 million.
MPC is 0.8
It is considered...
Assertion (A): There is a natural tendency to collude under oligopoly.
Reason (R) : Inter-dependence of firms in oligopolist...
What is the value of elasticity of substitution in case of Cobb Douglas function?
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