Question
Which country has made history by becoming the first
country to recognise the legal rights of individual wild animals?Solution
Ecuador, in South America, has made history by becoming the first country to recognise the legal rights of individual wild animals. The decision was taken by the country’s highest court when it was hearing a case for Estrellita, a woolly monkey taken from the wild when she was one-month-old and kept as a pet. She later died a month after it was moved to the zoo.
The "liquidity trap" refers to a situation where:
If price of all commodities rise in the same proportion then,
Expansionary fiscal policy in the classical model will cause aggregate demand to-----potential output?
Which school of economic thought suggested that one possible cause of inflation was a ‘push’ from the cost side?
The 'Trickle-Down Theory' in economics is most associated with the effects of:
In two commodity worlds if one good is inferior then the other must be
When the slope of average cost is negative then which of the following holds true?
What is the Capital to RiskWeighted Assets Ratio (CRAR) of scheduled commercial banks (SCBs) as of end March 2024 according to the Financial Stability R...
The concept of vicious circle of poverty is associated with
If the total revenue from sales of X is given by the equation R=100Q-2Q^2. What is the point elasticity of demand when MR=20