Question
World Ozone Day is observed annually
on?Solution
The day was introduced in 1987, when the Montreal Protocol was signed. Since 1994, World Ozone Day is celebrated on 16th September which was established by the United Nations General Assembly. This day reminds people about the depletion of the Ozone Layer and to find solutions to preserve it. The theme for 2022 was " 'Global Cooperation Protecting Life on Earth".
An increase in the expected rate of inflation
Economists generally believe that making assumptions is
The 2nd phase (diminishing returns to a factor) is exhibited by the following total product sequence:
If input prices adjusted very rapidly to output prices as classical economists argue the Phillips cure would be
A central bank decides to increase money supply. For a given price level, the LM curve is expected to
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Under Monopoly the supply curve is absent because?
Opportunity cost version of comparative cost advantage doctrine was introduced by
If a country’s nominal GDP is constant, then which of the following statements about it would be correct?Â