Question
The average of a series of 30 numbers is 70. The
difference between the largest number and the smallest number is 140. If the largest and the smallest number are excluded from the series, the average becomes 68. What is the largest number of the original series?Solution
Sum of smallest and largest number = 30 × 70 – 28 × 68 = 196 Difference of smallest and largest number = 140 ∴ Largest number = (196 +140)/2 = 168
What is the projected inflation rate for India by FY25 as per the Economic Survey 2023-24?
C= 0.8(1-t)Y , t=0.25, I=200 and G=800. Calculate the change in output when tax rate increases to 0.50
Which of the following statements is not true regarding CRISIL ?
The primary deficit in a government budget will be zero, when _______
An economist calculated the cross-price elasticity of demand for nicknacks and gizmos and got -0.5. What can she conclude about the relationsh...
The correlation coefficient between X and -X is:
COR = 5:1, Savings rate = 12.5%, Population growth rate = 2.5%. Find growth rate of output.
The difference between the spot price and the futures price of an asset is primarily explained by:
Consider a bargaining game:
Find pure strategy Nash equilibrium.
Which among the following is the reason for convergence exhibited by the Solow growth Model ?