Question
Identify the order of chronological
development of the theory of demand. a. Marshall’s theory of demand b. Indifference curves c. Revealed preference theory d. Weak Preference ordering theory of demand. Codes:Solution
A,b,c,d
In a multiple regression model, the Durbin-Watson test statistic is 1.3, while the critical lower and upper values are 1.5 and 1.7 respectively. This im...
In 1991, under the external sector reforms. Indian rupee______.
Which of the following statements is/are true?
(1) Outsourcing of services is an outcome of globalisation.
(2) Privatisation implies ...
When the value of d=2, in case of Durbin-Watson Test, what should be done with the null hypothesis?
_____________________Effect is an effect that describes the relationship between an increase in productivity, higher exchange rates and an increase in w...
The foreign capital investment in India on the eve of independence concentrated on the following sectors of the economy
(i) railways
...
Which of the statement is TRUE considering the Central problems of an economy?
Suppose your data produces the regression result y = 10 +3x. Scale y by multiplying observations by 0.9 and do not scale x. The new intercept and slope ...
What is the value of elasticity of substitution in case of complements?
Suppose your data produces the regression result y = 10 +3x. Scale y by multiplying observations by 0.9 and do not scale x. The new intercept and slope ...
