Question
Which of the following countries is not a part of the
European Free Trade Association block?Solution
D. Luxembourg Luxembourg is not a part of the European Free Trade Association (EFTA) block. The countries in the EFTA block are Iceland, Switzerland, Norway, and Liechtenstein.
The foreign capital investment in India on the eve of independence concentrated on the following sectors of the economy
(i) railways
...
What is the optimal number of trips to bank such that cost of holding money is minimum, if the rate of interest foregone is 10% , income is 100 and the ...
In 1991, under the external sector reforms. Indian rupee______.
Which of the following statements is/are true?
(1) Outsourcing of services is an outcome of globalisation.
(2) Privatisation implies ...
Which of the following pairs of goods is/are likely to have a positive cross price elasticity of demand?
(1) Cars and Petrol
(2) Tea ...
Demand curve of a Monopoly firm is Q=1000-50P and the Total cost of production is TC = 50+2Q. Profit maximizing output for the firm is
Consider a closed economy wherein
C = 0.8 Yd  , t = 0.25 , I = 900 – 50i , G = 800, L = 0.25 Y – 62.5i , M/P = 500
Where in Yd = Di...
Consider a closed economy wherein
C = 0.8 Yd  , t = 0.25 , I = 900 – 50i , G = 800, L = 0.25 Y – 62.5i , M/P = 500
Where in Yd = Di...
What is the degree of homogeneity in case of Constant Elasticity of Substitution production function?
Which of the statement is TRUE considering the Central problems of an economy?
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