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Let salary of waiter be = x Then his tips = x× 4/5 = 4x/5 Total income = x+ 4x/5 = 9x/5 Portion of income come from tips = (4x/5)/(9x/5) = 4/9
Which of the following statements are correct about trilemma in monetary policy
A. It is related to closed economy model.
B. It involves...
Which of the following defines ambient standards in an environmental policy
Consider a Keynesian Cross Model with following features, Consumption Function: C= C0 + b (Y – T)
Tax Function: T = T0 + tY
Income...
Which branch of economics deals with the study of the economic activities of individual units?
Which of the following defines ambient standards in an environmental policy
Which of the following statements are correct about trilemma in monetary policy
A. It is related to closed economy model.
B. It involves...
Two people enter a bus. Two adjacent cramped seats are free. Each person must decide whether to sit or stand. Sitting alone is more comfortable than sit...
Which of the following applies to the physical linkage approach for the valuation of environmental benefits
Which of the following statements is INCORRECT about the Finance Commission?
Jammu and Kashmir FRBM Act, 2006 has been passed as per the recommendation of_______.
