Question
Who has the administrative control over State
commission?Solution
Consumer Protection Act, S. 70. Administrative control. (1) The National Commission shall have the authority to lay down such adequate standards in consultation with the Central Government from time to time, for better protection of the interests of consumers and for that purpose, shall have administrative control over all the State Commissions in the following matters.
The 'Cobb-Douglas' production function is most closely associated with which concept of national income distribution?
According to the Mundell-Fleming model, what will happen in the short run if an expansionary fiscal policy is undertaken under flexible exchange rates a...
In the Solow model, what is the effect of an increase in the saving rate on the long-term growth rate of an economy?
Assume that there are equal numbers of male and female students in a university. Of all male students, 10 per cent major in economics; and of ...
The fiscal deficit is the difference between the government’s total expenditure and its total receipts excluding ______
The Central Limit Theorem states that as sample size increases, the sampling distribution of the mean:
TVC = x³ – b x²
Total Fixed Cost (TFC) = 848Â
Find the value of b such that Marginal Cost (MC) is minimum at x = 16.
...Income elasticity of an inferior good is always
How do expected inflation and changes in payment technology affect money demand?