Question
How many rural houses does the government aim to build
under PMAY-Grameen in the next five years?Solution
The government plans to build 20 million rural houses over the next five years as part of PMAY-Grameen.
If price charged by the firm is Rs.10 and quantity sold is 15 units. Marginal cost is Rs. 5. What is the Lerner’s Index of Monopoly power?
Which of the following steps can be taken to reduce current account deficit in India?
1. Setting the import quota limits
2. reducing expo...
Under a fixed exchange rate system with perfect capital mobility, what happens when the government increases its spending?
Transaction demand for money, Mt = 0.5Y. Speculative demand for money, Msp = 100 – 250 i
Money supply Ms = 300
 LM equation from the a...
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...
Which of the following statements is associated with general equilibrium analysis?
If the economy is operating at point C, the opportunity cost of producing an additional 20 units of bacon is
The median is considered a better measure of central tendency than the mean when:
If money is neutral,