Question
Which organization did REC Limited sign an MoU with to
finance infrastructure projects?ÂSolution
REC Limited signed an MoU with Rail Vikas Nigam Limited (RVNL) to finance up to Rs. 35,000 Crores for infrastructure projects to be executed by RVNL over the next 5 years.
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