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Let speed of boat in still water and speed of boat in upstream be ‘13x’ km/h and ‘10x’ km/h, respectively. Speed of stream = 13x – 10x = 3x km/h Speed of boat in downstream = 13x + 3x = 16x km/h So, 16x = 320/5 = 64 Or, x = 4 Speed of boat in still water = 13 × 4 = 52 km/h Desired time = 13/52 = 15 minutes
For a positively sloped LM curve, which of the following statements is CORRECT?
Which method is used by Hicks to eliminate the income effect when price of a product is changed
Which of the following four-firm concentration ratios is most consistent with monopolistic competition?
If a government defaults on the value of its debt by 3/4, this is the same as imposing a ____ tax on interest and repayment of the principal.
What is the Disinvestment Target of the government in the Union Budget 2022-23?
Which scenario best describes the 'trilemma' or 'impossible trinity' in the context of the Mundell-Fleming Model?
Knife edge problem is associated with the following growth models?
Assertion (A): Use of goods and services from which one can be excluded are pure private goods.