Get Started with ixamBee
Start learning 50% faster. Sign in now
Ratio of shares of A, B and C = Ratio of their investments = 40000: 50000: 60000 ⇒ 4 : 5 : 6 Therefore, A’s share = Rs. {18900 × 4/15} = Rs. 5040
The falling part of the Total utility shows
Longevity is proxy for ---- in the Human Development Index?
Lorenz Curve is given by:
L(x) = 1/3 (X^3) + 2/3 (x^5). Calculate Gini Coefficient.
A decrease in the tax to GDP ratio indicates which of the following:
Slowing economic growth rate
Non-spherical errors are related to
Suppose you have estimated wage = 10 + 5skill + 3gender, where gender is one for male and zero for female. If gender had been one for female and zero fo...
Consider an exchange economy with two agents, 1 and 2, and two goods, X and Y. Each agent's consumption set is in +R2. The endowments of agents 1 and 2 ...
C = 40+0.75Y
I = 140 – 10i , G=100, T=80, Money demand = 0.2Y – 5i , Money Supply = 85
Suppose the government increases the ex...
Since the 1980s, Wal-Mart stores have appeared in almost every community in America. Wal-Mart buys its goods in large quantities and, therefore, at chea...
If r is negative, we know that :
