Question
How much investment was reported under the Production
Linked Incentive (PLI) schemes until May 2024, according to the Economic Survey 2023-24?Solution
As per the Economic Survey 2023-24, over ₹1.28 lakh crore of investment was reported under the Production Linked Incentive (PLI) schemes until May 2024. This significant investment has boosted production, sales, and exports in key sectors.
If the marginal propensity to consume (MPC) is 0.75 and the tax rate is 0.20, the value of the tax multiplier is:
Percentage of values that lie within a band around the mean in a normal distribution with a width of two standard deviations is approximately
Suppose demand and cost function of a monopolist are Q = 5 – 0.25P and C = 4Q+2. If government imposes a tax @10% of sales. What is the total tax ...
The substitution effect for a commodity is
What is the term used when explanatory variable is correlated with the error term?
When a firm’s decision to produce decreases the wellbeing of others, but the firm does not compensate those others. It is a case of______.
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A 'Credit Rating Agency' like CRISIL or ICRA primarily assesses:
Suppose after paying bills and setting aside some money for retirement, Joana has $130 left to spend on just two goods: concerts and books. For simplici...
