Question
Suppose, today, the exchange rate of rupee to dollar
changed from Rs 65/dollar to Rs 60/dollar. This phenomena is called:Solution
Since the exchange rate is improving, it will be called appreciation. Again now India followed managed Floating Exchange Rate, thus it will be called appreciation. In the Fixed Exchange Rate regime, it would have called Revaluation. Similarly if exchange rate decreases, it would be called depreciation.
What does the Exchange Rate Pressure Index (ERPI) measure?
In a study examining the relationship between hours of study (X) and test scores (Y) of students, a bivariate regression analysis was conducted. The fol...
In the context of development economics, a persistent condition known as the poverty trap is often modeled as a stable equilibrium at a low level of inc...
Find the value of Lerner index if P=10 and MR= 5
The two regression lines are 6X+4Y=52 and 12X+6Y=62. Find the correlation coefficient.
...Which growth model inspired the use of the capital-output ratio for development planning?
If equation is over-identified which method is used to estimate?
In a time-series forecasting problem, if the seasonal indices for quarters 1, 2, and 3 are 0.80, 0.90, and 0.95 respectively. What can you say...
Which of the following statements is incorrect?
