Question
Where is the SAARC Secretariat
based?Solution
The SAARC (South Asian Association for Regional Cooperation) Secretariat is located in Kathmandu, Nepal. Established in 1985, SAARC aims to enhance economic and regional integration in South Asia.
In development economics, “poverty trap” refers to:
What is the dual problem for given linear programming problem?
Z = Max (4x1 + 5x2 + 7x3)
s.t. 3x1 + x2 + 6x3Â <= 3
x1 + 2x2 + x...
Comparative advantage is based onÂ
If positive income effect is less than the substitution effect: the product will be
Consequences of high multicollinearity:
Suppose you have estimated wage = 10 + 5skill + 3gender, where gender is one for male and zero for female. If gender had been one for female and zero fo...
If rxy = 0.75, then correlation coefficient between u = 1.5X and v = 2Y is:
If rxy = 0.75, then correlation coefficient between u = 1.5X and v = 2Y is:
In a bivariate regression equation of Y on X consisting of 20 observations, the explained and unexplained variations are 40 and 60 respectively. Calcula...
Find the value of Lerner index if P=10 and MR= 5