Question
In a factory of 40 labours, if the two labours left the
job whose wages were Rs. 950 and Rs. 1050 and two new labours join the factory which results in decrease in the average wages to Rs. 25. Then find the average salary of the new comers.Solution
Total salary of new labours = (950+1050) – 40 × 25 = 2000 – 1000 = Rs. 1000 Average salary = 1000/2 = 500
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 ?
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