Question
Which of the following laws is/are subsumed by the Code
on Social Security, 2020? I. Employees Provident Fund Act, 1952 II. Maternity Benefit Act, 1961. III. Industrial Employment (Standing Orders) Act, 1946.Solution
The social security code replaces nine laws on social security, including the Employees’ Provident Fund Act, 19 of 52, and the Maternity Benefit Act, 1961. Industrial Relations Code subsumes the Industrial Disputes Act, 1974, the Trade Unions Act, 1926; and Industrial Employment (Standing Orders) Act, 1946.
Which of the following is not correct regarding adjusted R2?
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In monopolistic competition, long-run equilibrium occurs where price is:
To gauge the sacrifice made by a taxpayer, we should use the _____ tax rate.
C= 0.8(1-t)Y , t=0.25, I=200 and G=800. Calculate the change in output when tax rate increases to 0.50
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If X(bar) = 25, Y(bar) = 120, bxy = 2. Find the value of X when Y=130?
Calculate personal income:
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...Commodity X and Y have an equal price elasticity of supply. The supply of X rises from 400 units to 500 units due to a 20 percent rise in its price. Cal...