Question
In the question, assuming the given statements to be
true, find which of the conclusion (s) among given three conclusions is /are definitely true and then give your answer accordingly. Statements: W ≥ R ≥ M ≤ T; R > S = T ≤ P; M = V ≥ U Conclusions: I. W ≥ U II. P > M III. W > TSolution
W ≥ R ≥ M = V ≥ U                                     W ≥ U. Hence conclusion I is true. P ≥ T = S < R ≥ M                                       No relationship can be established between P and M. Hence conclusion II is not true. W ≥ R > S = T                                               W > T. Hence conclusion III is true.
Which of the following statements are correct about trilemma in monetary policy
A. It is related to closed economy model.
B. It involves...
A firm should increase investment when :
Which of the following statements are correct about trilemma in monetary policy
A. It is related to closed economy model.
B. It involves...
Consider a Keynesian Cross Model with following features, Consumption Function: C= C0 + b (Y – T)
Tax Function: T = T0 + tY
Income...
Which of the following defines ambient standards in an environmental policy
Consider the following demand function of X for a commodity A
x= 10 + 0.10m/p
Money income (m) of X is Rs.120 and the price of A (p) is Rs...
Two people enter a bus. Two adjacent cramped seats are free. Each person must decide whether to sit or stand. Sitting alone is more comfortable than sit...
Which of the following applies to the physical linkage approach for the valuation of environmental benefits
Consider a Keynesian Cross Model with following features, Consumption Function: C= C0 + b (Y – T) Â
Tax Function: T = T0 + tY Â
I...
Suppose we regress the dependent variable y on four independent variables x1, x2, x3, and x4. After running the regression on n = 16 observations, we ha...