Question
Which of the following statements is true about the
Competition Commission? I.The Competition has been established to prevent practices which do not support healthy business competition. II. The Commission will have five members including the Chairman. III. The Commission has to ensure that the financial operation of any business entity does not get concentrated in the hands of few people.Solution
The Competition has been established to prevent practices which do not support healthy business competition.The Commission will have five members including the Chairman.The Commission has to ensure that the financial operation of any business entity does not get concentrated in the hands of few people.
In the Classical model, if there is an increase in aggregate demand, what will be the long-run effect on output and prices?
Which of the following is correct regarding the Durbin-Watson Test?
...In the Classical model, what is the shape of the Aggregate Supply (AS) curve in the long run, and why?
A government recently introduced the Policy mix of Monetizing Budget deficit to revive the economy. Using the IS-LM framework, the impact on Output and ...
Ability to pay principle is related with?
In classical linear regression model if we add in 90 in X and Y observation and re-estimate the regression model then slope coefficient
Which of the following statements is incorrect regarding Phillips’s curve?
Which of the following best explains why the J-curve effect occurs?
Assertion (A): There is a natural tendency to collude under oligopoly.
Reason (R) : Inter-dependence of firms in oligopolist...
A country is said to be in debt trap if
