Question
The United States and NATO partners will conduct a
12-day maritime exercise, called "Neptune Strike '22" in _____________.Solution
The United States and NATO partners will conduct a 12-day maritime exercise in the Mediterranean Sea. The maritime exercise, called "Neptune Strike '22" is meant to demonstrate and test NATO's maritime capabilities. This will involve the participation of the USS Harry Truman aircraft carrier.
You are given the following data for national economy of a country Y:
Equilibrium GDP is $6000 million.
MPC is 0.8
It is considered...
In a situation when MRS>Px/Py, the consumer would react by:
Given the following data for a country:
Fiscal deficit: $50 billion
Interest payments: $15 billion
Capital expenditure: $25 bil...
Which of the following statements about a firm's average cost curves is false?
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______.
...According to the Economic Survey 2023-24, what is the target year for India to achieve net zero emissions?
A consumer has utility function given by : u{x1,x2} = min {2x1+x2, x1+2x2}. Given income m = 100, prices p1 = 20, p2 = 30, the amount of x1 in...
A firm finds that for the product it produces, its (own) price elasticity of demand is 4. Currently, the firm is selling 1000 units per month at Rs. 5 p...
Factor endowment theory is also known as
a. Modern theory of international trade.
 b. Classical theory of...
Lorenz Curve is given by:
L(x) = 1/3 (X^3) + 2/3 (x^5). Calculate Gini Coefficient.
