Question
A is younger than B by 3 years. If the ratio of A and B
ages is 7:10 respectively, then find the age of A.Solution
If B’s age be x years, then A’s age be (x - 3) years. According to question, => (x – 3)/x = 7/10 => 10x – 30 = 7x => x = 10 Therefore A's age = 10 – 3 = 7 years
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Consider a Keynesian Cross Model with following features, Consumption Function: C= C0 + b (Y – T)
Tax Function: T = T0 + tY
I...
Consider a Keynesian Cross Model with following features, Consumption Function: C= C0 + b (Y – T)
Tax Function: T = T0 + tY
Income...