Question
From which year was the International Day of Peace
permanently marked on 21st September?Solution
While the International Day of Peace was created in 1981, it was in 2001 that the UN General Assembly decided to permanently fix the observance on 21st September to promote peace, non-violence, and global ceasefire.
Among the following production functions which one is having increasing returns to scale
With the rise in price from ₹ 8 to ₹ 14. Total expenditure on the commodity rises by 40% and becomes ₹ 1,120. Calculate the price elasticity of de...
Assume that there are equal numbers of male and female students in a university. Of all male students, 10 per cent major in economics; and of ...
The data about sales and advertisement expenditure of a firm is given below
If an individual deposits a sum of money in a bank, then the amount of additional credit that the banking system can be create is
Consider the following production function
Y = F(K,AL) = K1/3(AL)2/3
Calculate the steady state level of output per ...
The problem where one party to a transaction has more or better information than the other, leading to potential market failure, is called:
Which of the following is correct regarding the Durbin-Watson Test?
...1.      C = 50 + 0.5 Yd, I = 100 -50i, T=G=100
where, Yd is disposable income, T and G are taxes and government expenditure respectivel...
The principle of "Ability to Pay" in taxation is most closely associated with:
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