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Start learning 50% faster. Sign in now• Parliamentary privileges are available to individual members and the House collectively. • Article 105 mentions privileges but does not codify them; they remain uncodified. • MPs enjoy absolute immunity for anything said in Parliament under Article 105(2).
If demand is price inelastic, then
What is the output elasticity of labour in the following production function?
Q = 10L0.5K0.5
The devaluation of a country’s currency will lead to an improvement in its balance of trade with the rest of the world only if
For which preferences the income offer curve and the price offer curve are equal?
Consider the game:
Classical economists argue that money is neutral because
Income elasticity of an inferior good is always