Question
Suns heat reaches us by
βSolution
Radiation is a process in which energetic particles or energetic waves travel through vacuum, or through matter-containing media that are not required for their propagation. The sun's rays reach us in the form of electromagnetic radiation. This type of radiation covers a wide spectrum (that is a wide range of frequencies), but those from the sun are mainly infra-red, visible, and ultra-violet.
Which method is used by Hicks to eliminate the income effect when price of a product is changed
In an open economy, ceteris paribus, If the marginal propensity to import increases, what will be the impact on Income Multiplier?
Calculate Domestic Income: