Question
Suppose 'M' is 30% of 'N'. What percentage of (N - M) is
'M'?Solution
ATQ,
Let 'N' = 100x
So, 'M' = 0.30 × 100x = 30x
And, N - M = 100x - 30x = 70x
Required percentage = (30x / 70x) × 100 = 42.86%
Under a flexible exchange rate regime, an expansionary monetary policy will most likely lead to:
Commodity X and Y have an equal price elasticity of supply. The supply of X rises from 400 units to 500 units due to a 20 percent rise in its price. Cal...
A "Pigouvian tax" is designed to correct for:
With reference to the governance of public sector banking in India, consider the following statements:
- Capital infusion ...
When the share of output going to capital is 0.25, the share going to labor is 0.75, output increases 4%, labor increases 1%, and capital increases 2%, ...
If a tax on a good is doubled, the deadweight loss from the tax
 Which method is used by Hicks to eliminate the income effect when price of a product is changed
Which of the following statements about a firm's average cost curves is false?
In the Solow Model, what is the impact of an increase in the savings rate on the steady state level of capital per worker?