Question
On which day is National Friendship Day annually
celebrated in India?Solution
National Friendship Day is observed in India on the first Sunday of August each year. This day is dedicated to honoring and celebrating the bonds of friendship, fostering camaraderie and understanding among people.
In the Constant Elasticity of Substitution (CES) production function, the value of the elasticity of substitution (σ) typically lies within which of th...
The data about sales and advertisement expenditure of a firm is given below
Â
Country A can produce 10 units of cloth or 20 units of wheat per day. Country B can produce 15 units of cloth or 15 units of wheat per day. Which of the...
The "Multiplier" effect is larger when the marginal propensity to consume (MPC) is:
What is the value of the balanced budget multiplier?
In the business cycle, the phase where economic activity is at its lowest point is called:
If the marginal propensity to save is 0.3 and the marginal propensity to import is 0.1, and the government increases expenditures by Rs. 10 billion, ign...
An oil exploration company intends to drill an exploratory well in each of two geologically unrelated regions A and B. If the probability of f...
Suppose incomes double over a period of years. Which sorts of product will experience the biggest increases in price?