Question
A person sold his goods after announcing two successive
discounts of 32% each. The effective discount altogether isSolution
Effective discount = 32 + 32 – (32 × 32/100) = 53.76%
Which of the following is not an example of market failure?
Which of the following is not true with regard to credit rating agency?
 If a Cobb-Douglas production is Q = K0.4 L0.6 the function is
GDP at market price is given by?
A researcher has to consult a recently published book. The probability of it being available is 0.5 for library A and 0.7 for library B. Assum...
From the following data, find Personal disposable income.
Consider an economy described by the following equations:
C = 100 + 0.6 ∗ (Y − T) (consumption function)
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 ...
In classical linear regression model if we add in 90 in X and Y observation and re-estimate the regression model then slope coefficient
Which of the following best describes the short-run Aggregate Supply (AS) curve in the presence of sticky wages?
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