Question
Which of the following statements is/are not true as
regards to the Indo-Pacific Economic Framework (IPEF)? It is a US-led initiative that aims to strengthen economic partnership among participating countries to enhance resilience, sustainability, inclusiveness, economic growth, fairness, and competitiveness in the Indo-Pacific region. The IPEF was launched in 2021 with a dozen initial partners who together represent 40% of the world GDP. The IPEF is a Free Trade Agreement (FTA) that allows members to negotiate the parts they want to. The negotiations will be along four main “pillars”.Solution
The IPEF is not a Free Trade Agreement (FTA) but allows members to negotiate the parts they want to. The negotiations will be along four main “pillars”.
On a graph for a monopolist or monopolistic competitor, which of the following curves coincide?
The equation for a supply curve is P = 3Q – 8. What is the elasticity in moving from a price of 4 to a price of 7?
Individuals can now directly purchase treasury bills, dated securities, sovereign gold bonds (SGB) and state development loans (SDLs) under RBI’s ___...
In the Classical model, if there is an increase in aggregate demand, what will be the long-run effect on output and prices?Â
Consider the following:
Assertion (A): According to Peacock-Wiseman hypothesis, public expenditure increases overtime in a step-by-step manner.
Which of the following is not an example of market failure?
What does the Purchasing Managers' Index (PMI) measure?
The credit manager at a Departmental store collects data on 100 of her customers. Of the 60 men, 40 have credit cards (C). Of the 40 women, 30...
In the Classical model, what is the shape of the Aggregate Supply (AS) curve in the long run, and why?
An investor who expects a stock price to fall significantly might use which strategy?
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