Question
If the occurrence of events follows Poisson Process
with mean rate λ, then inter-occurrence time of events will follow:Solution
The correct answer is C
In the Solow Model, what is the impact of an increase in the savings rate on the steady state level of capital per worker?
  Consider the following production function
Y = F(K,AL) = K1/3(AL)2/3
Calculate the Golden state level of capita...
India traditionally runs a large Merchandise Trade Deficit (Goods). What is the key component that typically counteracts this to keep the Current Accoun...
The Economic Survey 2023-24 highlights a decline in out-of-pocket expenditure on health as a percentage of total health expenditure from 64.2% in FY14 t...
Which of the following is true about Omission(Overfitted) and Inclusion(Underfitted) type of the specification error
If X(bar) = 25, Y(bar) = 120, bxy = 2. Find the value of X when Y=130?
Production function of two companies producing floppy and discs was given.
Q1 = 10L^0.5 K^0.5 Q2 = 10L^0.6K^0.4
Which of the following i...
Since the 1980s, Wal-Mart stores have appeared in almost every community in America. Wal-Mart buys its goods in large quantities and, therefore, at chea...
