Question
Crusoe begins with an endowment A. Point R is the
consumption combination he would choose at real interest rate r and point R´ is the consumption combination he would choose at real interest rate r´. Which of the following statements is true?Solution
Crusoe's wealth has decreased because of the change in the real interest rate. Because Crusoe's endowment and preferences are such that he is a borrower, the increase in the interest rate hurts him. Note the MRS = 1+r at point R.
Statements:
All chocolates are ice-creams.
All ice-creams are toffees.
All toffees are cold-drin...
Conclusions:
A few members are not teachers.
Some teachers may be accountants.
Statements:
- Statements:
Only a few Command is Request
Some Request is Order
Some Yes are Order
Conclusion:
I. Some Command is n... Statements : Some eggs are chickens.
No chicken is a hen.
No hen is a pigeon.
Conclusions : I. Some eggs may be hens.
II....
In the question below there are three statements followed by two conclusions I and II. You have to take the three given statements to be true even if ...
Statements:
Some plates are spoons.
All spoons are cups.
No cup is a fork.
Conclusions:
I. Some plates are cup...
Statements:
Only a few subject is colour
Only few colour is game
Only game is mobile
Conclusions:
I. Some colour bein...
Statements:
Only a few Hen are Duck
All Bat are Rat
No Duck is a Bat
Some Rat are Cat
Conclusions:
I. Som...
In this question, three statements are given, followed by two conclusions numbered I and II. Assuming the statements to be true, even if they seem to ...
Statements:
All bags are polythenes. Â
Some polythenes are points. Â Â Â
Only a few points are jutes. Â Â
No jute is pl...
