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The Great Lakes are a series of inter connected fresh water lakes in North America. The Great Lakes include: Lake Superior Lake Michigan Lake Huron Lake Erie Lake Ontario
A worker’s wage in 1996 was Rs.180. What should be the wage in 1999 so that the worker remains at the same level of consumption? [Consider 1995 as...
Suppose nominal GDP equals 1,000 units and money supply equals 250 units. Based on the quantity theory of money, the velocity of money equals.
The utility function of X is such that X likes to consume 2 units of lemon with every 1 liter of water. The price of lemon is Rs.1.00 and that of 1 lite...
Offer curve introduced by Alfred Marshall deals with :
Find MR when ed=0.5 and P=10
In the regression specification y = α + βx + ε
For which of the following consumption functions, the value of income multiplier, k=5?
IftheregressionlineofYonXisY=30-0.9XandthestandarddeviationsareSx=2andSy=9,thenthevalueofthecorrelatio ncoefficientrxyis
...If the endowment of some resource increases, the industry that uses that resource most intensively will increase its output while the other in...
