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Total weight of 8 copies and 5 books = 13×150 = 1950 Weight of 8 copies = 8×180 = 1440 Weight of 5 books = 1950 – 1440 = 510 Average weight of 5 books = 510/5 = 102 grams
A spot purchase of a currency coupled with simultaneous forward sale of the same currency is called:
The primary deficit in a government budget will be zero, when _______
The costs of inflation are?
If a country’s policy makers were to continuously use expansionary monetary policy in an attempt to hold unemployment below the natural rate the long-...
Commodity X and Y have an equal price elasticity of supply. The supply of X rises from 400 units to 500 units due to a 20 percent rise in its price. Cal...
There are three commodities –the first commodity has a negative price, at −1 per unit; the second commodity is priced at +1 per unit while the third...
A profit-maximizing monopolist sets an output of 100 per day and a price of £10. Which of the following statements is true?
With fixed costs of $400, a firm has average total costs of $3 and average variable costs of $2.50. Its output is:
Which of the following is NOT a postulate of the Classical Model of full-employment equilibrium?
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