Question
A train covers a distance of 180 km in 4 hours 30
minutes. What is its average speed?Solution
Time = 4 hours 30 minutes = 4.5 hours Speed = Distance / Time = 180 / 4.5 = 40 km/h
The substitution effect for a commodity is
For which of the following consumption functions, the value of income multiplier, k=4?
 In the case of cost-push inflation, other things being equal:
Under a flexible exchange rate regime, an expansionary monetary policy will most likely lead to:
Consider the following demand curve Q=100-P in a Duopoly where in A firm is the leader and the B firm is the follower. The Marginal cost given as 20. W...
In an open economy, ceteris paribus, If the marginal propensity to import increases, what will be the impact on Income Multiplier?
GNP exceeds NNP by:
The measures taken to improve the negative Balance of Payments include ___________.
Which of the following is true for Disposable Income?
