Question
How many annual plans are there in Plan Holidays?
Solution
Due to the miserable failure of the Third Plan the government was forced to declare "plan holidays" (from 1966 to 1967, 1967–68, and 1968–69). Three annual plans were drawn during this intervening period. During 1966–67 there was again the problem of drought. Equal priority was given to agriculture, its allied activities, and the industrial sector. The government of India declared "Devaluation of Rupee" to increase the exports of the country. The main reasons for Plan holidays were the war, lack of resources and increase in inflation.
As the degree of product differentiation increases among the products sold in a monopolistically competitive industry, which of the following occurs?
New loans made = 1000. Fractional reserve ratio is 1/3, by how much deposits will grow?
Umar has the utility function U(b,w) = min (b,w) and Akshat has the utility function U(b,w) = bw. If we draw an Edgeworth box with b on the ho...
Which one of the following is not an assumption of Marshall’s Cardinal Utility Analysis ?
If the sum of the product of the deviation of X and Y from their means is zero, the correlation coefficient between X and Y is:
In a market economy
Based on the sticky-price model, the short-run aggregate supply curve will be steeper, the greater the_____
  Consider the following production function
Y = F(K,AL) = K1/3(AL)2/3
Calculate the Golden state level of capita...
If, C = 250 + 0.5 (Y-T) , I = 250-500i, i=0.1 and G=T= 300. What will be the equilibrium level of income?
By _____________ economists refer to an unanticipated inflation that reduces the real value of outstanding government debt.