Question
Which currency did Zimbabwe launch and is backed by gold
reserves to address economic instability?Solution
Zimbabwe launched a new currency called the ZiG (Zimbabwe Gold), backed by the country's gold reserves, to address ongoing currency depreciation and economic instability.
 If the R2 value for a regression line is 0.60 for 50 observations. What is the adjusted Rsquare value if the number of independent variabl...
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...
An analyst has data on wages for 100 individuals. The arithmetic mean of the log of wages is the same as:
Consider a closed economy wherein
C = 0.8 Yd  , t = 0.25 , I = 900 – 50i , G = 800, L = 0.25 Y – 62.5i , M/P = 500
Where in Yd = Di...
Which of the following statements is/are true?
(1) Outsourcing of services is an outcome of globalisation.
(2) Privatisation implies ...
In case of Cob web Model, Perpetual Oscillation is witnessed when
Which of the statement is TRUE considering the Central problems of an economy?
In a small open economy with a floating exchange rate, the supply of real money balances is fixed and a rise in government spending ______
Let X1, X2 and X3 are three (Pairwise) uncorrelated random variables. The mean & variance of each variable is 0 and 3, respectively. Find the correlatio...
Let X1, X2 and X3 are three (Pairwise) uncorrelated random variables. The mean & variance of each variable is 0 and 3, respectively. Find the correl...