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Let monthly income of ‘P’ and ‘Q’ be Rs. ‘15x’ and Rs. ‘22x’, respectively Monthly savings of ‘Q’ = 52% × 15x = Rs. 7.8x Monthly savings of ‘P’ = {7.8/1.25} = Rs. 6.24x Monthly expenditure of ‘P’ = 15x – 6.24x = Rs. 8.76x Monthly expenditure of ‘Q’ = 22x – 7.8x = Rs. 14.2x Or, 14.2x = 4260 Or, x = 4260/14.2 Or, x = 300 Monthly expenditure of ‘P’ = 8.76 × 300 = Rs. 2628
For the regression line of y on x, 2x+7y+32=0, find the value of byx.
Primary Deficit is
A card is drawn randomly from a deck of ordinary playing cards. You win Rs.900 if the card is a spade or a king. What is the probability that you will w...
If a country’s policy makers were to continuously use expansionary monetary policy in an attempt to hold unemployment below the natural rate the long-...
The two regression lines are 6X+4Y=52 and 12X+6Y=62. Find the correlation coefficient.
...Type II error occurs when
Based on the IS curve and LM curve you have derived in Q36 and Q37, what is the equilibrium interest rate?
The optimal quantity of the Public good to be produced is given by