Question
A and B are travelling towards each other with a speed
of 10 km/hr and 20 km/hr. They started at same time and A covered 20 km less distance than B before meeting B. Find the distance between them before starting.Solution
Here time taken by both A and B is same, so the ratio of the distance covered by them will be equal to the ratio of their speeds. Therefore, ratio of the distance covered by A and B = 10:20 = 1:2 Let the distance covered by A and B be x km and 2x km respectively. According to question, => 2x – x = 20 => x = 20 Therefore, distance between them before starting = 2x + x = 3x = 60 km
The "liquidity trap" refers to a situation where:
If price of all commodities rise in the same proportion then,
Expansionary fiscal policy in the classical model will cause aggregate demand to-----potential output?
Which school of economic thought suggested that one possible cause of inflation was a ‘push’ from the cost side?
The 'Trickle-Down Theory' in economics is most associated with the effects of:
In two commodity worlds if one good is inferior then the other must be
When the slope of average cost is negative then which of the following holds true?
What is the Capital to RiskWeighted Assets Ratio (CRAR) of scheduled commercial banks (SCBs) as of end March 2024 according to the Financial Stability R...
The concept of vicious circle of poverty is associated with
If the total revenue from sales of X is given by the equation R=100Q-2Q^2. What is the point elasticity of demand when MR=20
Relevant for Exams:
