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Major tax relief for 4 crore salaried individuals and pensioners; standard deduction increased to ₹75,000, and family pension deduction to ₹25,000
If the price elasticity of demand for apples is 3, then what will be the impact on total revenue if price increases?
Transaction demand for money, Mt = 0.7Y. Speculative demand for money, MSP = 50 – 150i ; Money supply Ms = 150. LM equation from the above data is _...
When a firm operates with excess capacity
A decrease in the tax to GDP ratio indicates which of the following:
Slowing economic growth rate
In an open economy, ceteris paribus, If the marginal propensity to import increases, what will be the impact on Income Multiplier?
The credit manager at a Departmental store collects data on 100 of her customers. Of the 60 men, 40 have credit cards (C). Of the 40 women, 30...
Starting from a position where the nation's money demand equals the money supply and its balance of payments is in equilibrium its balance of payments w...
In the case of cost-push inflation, other things being equal:
Which of the following is a possible change in total revenue that occurs if you increase the price of a good with unit elasticity?
Umar has the utility function U(b,w) = min (b,w) and Akshat has the utility function U(b,w) = bw. If we draw an Edgeworth box with b on the ho...
