Question
According to the definition provided in the Arbitration
and Conciliation Act, 1996, what does "international commercial arbitration" mean?Solution
Section 2 (f) āinternational commercial arbitrationā means an arbitration relating to disputes arising out of legal relationships, whether contractual or not, considered as commercial under the law in force in India and where at least one of the parties isā (i) an individual who is a national of, or habitually resident in, any country other than India; or (ii) a body corporate which is incorporated in any country other than India; or (iii)Ā an association or a body of individuals whose central management and control isĀ exercised in any country other than India; or (iv) the Government of a foreign country.
In a small open economy with a floating exchange rate, the supply of real money balances is fixed and a rise in government spending ______
Suppose nominal GDP equals 1,000 units and money supply equals 250 units. Based on the quantity theory of money, the velocity of money equals.
What does the Weak Axiom of Revealed Preference (WARP) state?
Under nominal wage rigidity, the short run aggregate supply schedule will beĀ
For the 2 variables x and y with the same mean, the regression equation are y = 5x+b and x=7y +c. Calculate b/c
Ā The sum of squared deviation is minimum when taken from
Leontief Preferences are related to
For goods x1 and x2 with prices P1 and P2, if dx1/dP2 is positive then,
Umar has the utility function U(b,w) = min (b,w) and Akshat has the utility function U(b,w) = bw. If we draw an Edgeworth box with b on the ho...
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