Start learning 50% faster. Sign in now
Let the present ages of P and Q be 6x and 5x years respectively. According to the question, => 6x + 12 = 2(5x – 4) => 6x + 12 = 10x - 8 => 4x = 20 => x = 5 Required age = 6x – 2 = 28 years
A two-person zero-sum game means that the
A government recently introduced the Policy mix of Monetizing Budget deficit to revive the economy. Using the IS-LM framework, the impact on Output and ...
Which of the following activities can be undertaken by a payment bank in India, as per RBI guidelines?
(i) Acceptance of demand deposits
...What is the supply curve of a firm in Perfect Competition?
What do you mean by ‘under conditions of a perfect competition in the product market’?
Under a fixed exchange rate system (A)_________ would be an exogenous monetary policy instrument, whereas under a flexible exchange rate system (B) ____...
In the foreign exchange market price of US Dollar rises from ₹ 60 to ₹ 61. This means that_____
For which of the following preferences, Engel curve is not a straight line?
Elistan can produce either 5 monster trucks or 10 cans of silly string in a day. What is the opportunity cost of one can of silly string?
X pays Rs. 5 lakhs to a person to transport fake currency worth Rs. 50 lakhs. The Police department pays Rs. 5 lakhs to a detective to investigate the c...