Question
Which of the following bank recently banned use of its
debit and credit cards for purchase of bitcoins?Solution
Citi India today banned use of its debit and credit cards for purchase of bitcoins and other cryptocurrencies. This is following the concerns expressed by the Reserve Bank over virtual currencies
In a small open economy with a floating exchange rate, the supply of real money balances is fixed and a rise in government spending ______
Balance of Trade is measured as:
An analyst has data on wages for 100 individuals. The arithmetic mean of the log of wages is the same as:
Which of the following statements is/are true?
(1) Outsourcing of services is an outcome of globalisation.
(2) Privatisation implies ...
The regression equation is Y = β1X1i + ui and following is the sample,
There are two firms in the market and they follow Cournot model. The demand curve faced by them is Q = 180 – P and the marginal cost of producing the ...
Which of the statement is TRUE considering the Central problems of an economy?
Suppose that a firm has the cost function for a plant as given below
C(w, r, q) = 0.5q(w+r)
where q is output, w is the cost of labour l a...
Suppose your data produces the regression result y = 10 +3x. Scale y by multiplying observations by 0.9 and do not scale x. The new intercept and slope ...
_____________________Effect is an effect that describes the relationship between an increase in productivity, higher exchange rates and an increase in w...
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