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Let the market price of the mobile phone = m
According to the question:
Consider the matching-pennies game:
Let p= probabi...
What is the slope of the Engel curve for a Giffen good?
Given:
• Exports (X) = 300
• Imports (M) = 200
Calculate the Intra-Industry Trade (IIT) Index, also known as the Grubel-Lloyd Index.
If income elasticity is less than 1 then the goods are
Which of the following is correct regarding Correlation coefficient?
What is the value of elasticity of substitution in case of Cobb Douglas function?
As per the Economic Survey (2023-24), what was the improvement in India's Current Account Deficit (CAD) in FY24 compared to FY23?
Consider an economy described by the following equations:
C = 100 + 0.6 ∗ (Y − T) (consumption function)
If equation is over-identified which method is used to estimate?
If the currency-deposit ratio equals 0.5 and the reserve-deposit ratio equals 0.1, then the money multiplier is