Question
Which university has built the first-ever subsea
research lab in Asia for fostering multi-disciplinary talent for the global oil and gas industry?Solution
MIT-World Peace University (WPU) Pune has built the first-ever subsea research lab in Asia, with an aim to foster multi-disciplinary talent for the global oil and gas industry. Called the Centre for Subsea Engineering Research (CSER), the lab showcases a working prototype of deep-water offshore petroleum operations, revolutionising the way in which future workforce can be trained for the energy sector. The state-of-the-art laboratory is the brainchild of the Department of Petroleum Engineering (PE) at MIT-WPU, and was built in partnership with Aker Solutions.
Which method is used by Hicks to eliminate the income effect when price of a product is changed
In an open economy, ceteris paribus, If the marginal propensity to import increases, what will be the impact on Income Multiplier?
Calculate Domestic Income: