Question
A sum of Rs.15 is lent to be returned in 16 months
installments of Rs.1 each, interest simple. The rate of interest is: -Solution
Net Interest = 16 - 15 = Rs. 1 1 = (15 + 14 …..1) x R x 1/(12 x 100) 1= 120 x R/1200 R = 1200/120 = 10 %Â
Sonia has decided to always spend one-tenth of her income on shoes. Her income and price elasticities of demand for shoes are
The arithmetic mean of the two regression coefficients is greater than or equal to:Â
Real Wages = 500, Consumer price index = 1.2. Calculate nominal wages?
Find the value of Lerner index if P=10 and MR= 5
In the Mundell-Fleming model with a floating exchange rate and perfect capital mobility, what is the effect of an increase in the money supply?
Which of the following are characteristic of the ‘Accelerator Theory’ of investment?
According to the Economic Survey 2023-24, which bill aims to address issues related to the digital economy and data privacy?
In the regression specification y = α + βx + ε
Assume that there are equal numbers of male and female students in a university. Of all male students, 10 per cent major in economics; and of ...
If elasticity is ‘e’, and price of the product is B, MR=?
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