Question
In the group of 100 players, 44 can
play Chess, 50 can play Rugby and 34 can play Tennis. 14 players can play both Rugby and Tennis, 16 players can play both Rugby and Chess whereas 12 can play both Chess and Tennis. 4 players can play all the three games. Then the number of players who do not play any of three games isSolution
The number of players who plays any of three games = 44+50+34 – ( 14+ 16 + 12 ) + 4 = 90 So the players who do not play any of three games = 100 – 90 = 10
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