Question
The Prime Minister does not act as the chairman for
which of the following committees?Solution
Cabinet Committee on Parliamentary Affairs usually dealing with Government Business in the Parliament is now headed by the Defence Minister. The Prime Minister is not a part of this Committee.
Autocorrelated errors is about
Suppose that in a particular market, the supply curve is highly elastic and the demand curve is highly inelastic. If a tax is imposed in this market, th...
If the fiscal deficit of an economy be 3% of GDP and if the current account deficit also be 3% of GDP in a particular year for that economy, then its ag...
If the regression coefficients of x on y and y on x are -1/4 and -1/9 respectively, then what is the correlation coefficient between x and y?
The 'Semi-Strong Form' of the Efficient Market Hypothesis (EMH) states that stock prices reflect:
Why do economists generally prefer market-based instruments (like taxes or permits) over Command-and-Control (CAC) regulations (like uniform standards) ...
Special Drawing Rights (SDRs) are:
An oil exploration company intends to drill an exploratory well in each of two geologically unrelated regions A and B. If the probability of f...
What is the Balance of current account in the above table?
Consider a standard Ordinary Least Squares (OLS) regression model: Yi=β0+β1X1i+ϵi. If the errors (ϵi) are serially correlated (autocorrelation) but ...
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