Question
What percentage of India’s GDP did gross fixed capital
formation account for in Q1 2024?Solution
Gross fixed capital formation accounted for 30% of India's GDP in the first quarter of 2024, indicating strong investment in infrastructure and capital goods.
For Cobb-Douglas production function the elasticity of substitution is
If it rains a dealer in raincoats can earn Rs. 400 per day. If it is a fair day he loses Rs. 80 per day. What is his expectation if the probab...
In a derivatives contract, the party who has the right but not the obligation to buy an asset is said to have a:
 The equilibrium level of income is
According to the kinked demand curve model, if a firm raises its price, competitors are likely to:
Non-spherical errors are related to
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...
In the Mundell-Fleming model with a floating exchange rate and perfect capital mobility, what is the effect of an increase in the money supply?
If a tax on a good is doubled, the deadweight loss from the tax
Which of the following is a synonym of "Undistributed Profits"?
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