Question
What was the merchandise trade deficit recorded in Q3
FY25?Solution
The merchandise trade deficit in Q3 FY25 rose to $79.2 billion, up from $71.6 billion in Q3 FY24, contributing to the wider current account deficit.
Which of the following statements is associated with general equilibrium analysis?
Whenrxy>0,thenbyxandbxyareboth:
...In a model with two goods, x & y, with x plotted on the horizontal axis, the price consumption curve generated by changing the price of x is parallel to...
According to the Taylor principle, for inflation to be stable, the central bank must respond to an
increase in inflation wit...
What is the output elasticity of labour in the following production function?
Q = 10L0.5K0.5
The economic development in Schumpeter’s development theory is because of
A profit-maximizing monopolist sets an output of 100 per day and a price of £10. Which of the following statements is true?
According to monetarists view, in the long-run, the Philips curve
Assertion (A): There is a natural tendency to collude under oligopoly.
Reason (R) : Inter-dependence of firms in oligopolist...
Of 10 computer chips, 4 are defective. What is the probability of selecting 3 without replacement, only one of which is defective?
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