Question
Which of the following is not a result of uncontrolled
freezingSolution
The correct answer is D
The Marshall-Lerner Condition (MLC) is required for a currency devaluation/depreciation to improve a country's trade balance (Net Exports). The conditio...
Consider a Solovian economy with the aggregate production function Yt  = K1/2l1/2 ​ . The initial size of the population is 10...
Given the demand function QD=100−2P and the supply function QS=3P−50, where QD is the quantity demanded, QS is the quantity supplied, and P is the p...
Which of the following is NOT a postulate of the Classical Model of full-employment equilibrium?
Two mutually exclusive events
In the Solow growth model, long-run economic growth is determined by:
 Law of diminishing returns only applies to cases where
Amber, Blue and Green boxes is related to which sector as per WTO terminology ?
What will be the value of P(not E) if P(E) = 0.07?
For the demand function Q=a-P and the Marginal cost = c. Arrange the quantity produced by the following models in ascending order I) Bertnard II) Monopo...
