Question
Which of the following statements with reference to the
service sector is/are correct? 1. Retail trade falls under tertiary activity 2. Research and Development based activity comes under quaternary activity Select the correct answer using the code given below:Solution
The correct answer is C
In the case of cost-push inflation, other things being equal:
Calculate the predicted value of X when Y is 20
X: 16, 54, 35, 25, 44, 51
Y: 5, 17, 11, 8, 14, 5
...When a firm operates with excess capacity
The impossible trinity is a concept in international economics which states that it is impossible to have all three of the following at the same time
Given the following data for an economy:
National Income: $700 billion
Depreciation: $50 billion
Indirect taxes minus subsidies...
Refer to the below table and calculate the NNPmp
A central bank decides to increase money supply. For a given price level, the LM curve is expected to
The optimal quantity of the Public good to be produced is given by
BPKP is about natural farming while in organic farming farmer can purchase inputs from outside.
(1) The demand curve is a horizontal straight ...
Which of the following statements is incorrect?