Savings of man in May = 7150 × (100/130) = Rs. 5500 So, income of man in May = 5500/0.55 = Rs. 10000
Which of the following statement is correct
Statement 1: Laffer Curve shows relationship between tax rates and the amount of tax revenue collect...
Which of the following is correct regarding long run cost
Which growth model inspired the use of the capital-output ratio for development planning?
What is the correlation coefficient of the straight line ax+by+c=0 wherein a>0 and b <0
High powered money comprises
If the economy is operating at point C, the opportunity cost of producing an additional 20 units of bacon is
If price charged by the firm is Rs.10 and quantity sold is 15 units. Marginal cost is Rs. 5. What is the Lerner’s Index of Monopoly power?
In the Classical model, if there is an increase in aggregate demand, what will be the long-run effect on output and prices?
The credit manager at a Departmental store collects data on 100 of her customers. Of the 60 men, 40 have credit cards (C). Of the 40 women, 30...
