Question
Which statement about carbon credits is
incorrect?Solution
Carbon credits are not traded at a fixed price; instead, their prices are determined by market dynamics of supply and demand. The carbon credit system, introduced by the Kyoto Protocol, helps countries and companies regulate their carbon emissions by purchasing credits.
An employee has a basic pay of Rs. 12000 and a D.A. of 12% in 1997. If the employee should get a 5% rise in real income each year, what should be the DA...
N people guess an integer between 1 and 100, and the winner is the player whose guess is closest to 2 times the mean of the guesses. What is the equilib...
In a situation when MRS>Px/Py, the consumer would react by:
In a given year, the nominal GDP of a country was $2,500 billion and the real GDP was $2,000 billion. What is the GDP deflator for that year?
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...
For which of the following consumption functions, the value of income multiplier, k=5?
Walraw’s Law states the following:
Price rigidity or interdependence of firms is a phenomenon witnessed in which market structure?
Labour theory of value was propounded by
                               I.           Adam Smith
...A profit-maximizing monopolist finds that if it remains open, the best output is 50 a week, but at this output it would make a loss. Under what circumst...
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