Question
(11.11 ×  31.98) + 14.15% of 749.99 = ? +
124.34 What approximate value should come in place of question mark (?) in the following question? (You are not expected to calculate the exact value)Solution
(11.11 × 31.98) + 14.15% of 749.99 = ? + 124.34 => (11 × 32) + 14% of 750 = ? + 124 => 352 + 105 = ? + 124 => ? = 333
 The wealth distribution in a certain country is described by following Lorenz Function
             F(x) = 3x6 where ...
Leontief Preferences are related to
Find National Income from the following
Autonomous Consumption = Rs. 100
Marginal Propensity to Consume =0.60
Investment = Rs. 200...
In a frequency distribution the last cumulative frequency is 500. Q3 must lie in?
Which of the following is NOT a postulate of the Classical Model of full-employment equilibrium?
A central bank decides to increase money supply. For a given price level, the LM curve is expected to
A monopolist sells its product in two separate markets with different price elasticities of demand. The marginal cost of production is constant at $20 p...
The Phillips curve shows the trade-off between ----- and -----?
Under perfect competition, the firm's demand curve is typically perfectly elastic. However, under certain conditions, it may become negatively sloped. W...
 If f(x) is continuous for all real values of x and f(x) takes on only rational values, then if f(1)=1, the value of f(0) is