Question
Who won the Nobel Prize in Literature in
2023?Solution
The Nobel Prize in Literature 2023 is awarded to the Norwegian author Jon Fosse, “for his innovative plays and prose which give voice to the unsayable.”
Why do economists generally prefer market-based instruments (like taxes or permits) over Command-and-Control (CAC) regulations (like uniform standards) ...
What do you mean by ‘under conditions of a perfect competition in the product market’?
Given the demand function QD=100−2P and the supply function QS=3P−50, where QD is the quantity demanded, QS is the quantity supplied, and P is the p...
Which one of the following is not an assumption of Classical Linear Regression Model
Consider the following:
Assertion (A): According to Peacock-Wiseman hypothesis, public expenditure increases overtime in a step-by-step manner.
The "Marshall-Lerner Condition" must be satisfied for a currency depreciation to:
The level of current inflation is 9% and inflation for the previous year was 6%. The strength of the effect of unemployment on the wages is 2. Calculate...
According to Karl Marx, what is the meaning of the organic composition of capital?
For which preferences the income offer curve and the price offer curve are equal?
A monopoly firm has the following demand and cost function
Q = 50-P
Total Cost = 20 + 2Q + 3Q2
Government imposes an exc...
