Question
What is the line called that passes through places with
zero magnetic declination?Solution
The agonic line is a line on a magnetic map where magnetic declination is zero, meaning the magnetic and geographic meridians coincide. It differs from isogonic lines, which connect points of equal declination.
Classical economists argue that money is neutral because
If the endowment of some resource increases, the industry that uses that resource most intensively will increase its output while the other in...
Assume a small open country under fixed exchanges rate and full capital mobility. Prices are fixed in the short run and equilibrium is given initially a...
X pays Rs. 5 lakhs to a person to transport fake currency worth Rs. 50 lakhs. The Police department pays Rs. 5 lakhs to a detective to investigate the c...
In the Solow growth model, steady-state growth occurs when:
The correlation coefficient is the________________of two regression coefficients:
...Concepts of displacement and concentration effect in public expenditure are attributed to
-
A.C. Pigou an...
-
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...
Which of the following is a case of the principal-agent problem?