Question
Three statements are given, followed by three
conclusions numbered I, II and III. Assuming the statements to be true, even if they seem to be at variance with commonly known facts, decide which of the conclusions logically follow(s) from the statements. Statements: All tigers are fishes. No elephant is a tiger. Some deer are tigers. Conclusions: I. Some fishes are deer. II. No elephant is a deer. III. No deer is a fish.Solution
The correct answer is D
____ in reserve requirements ____ the money supply since it causes the money multiplier to ____.
Consider an exchange economy with two agents, 1 and 2, and two goods, X and Y. Each agent's consumption set is in +R2. The endowments of agents 1 and 2 ...
The "Multiplier" effect is larger when the marginal propensity to consume (MPC) is:
If coefficient of correlation rxy= 1, then
In a simple linear regression model Y = β0 + β1X + u, the Ordinary Least Squares (OLS) estimator is "best" because it:
What does the Weak Axiom of Revealed Preference (WARP) state?
Suppose the following bilateral spot exchange rates are being quoted for the Danish krone (DKK), the US dollar (US$) and the euro (€):
US$/€ ...
Locus point of Isoquants wherein the marginal productivity of one of the factors is 0 is called
Demand and supply equations were given as Qd = 300 - P, Qs = P/2 and govt imposes specific tax you had to find quantity at which tax revenue is maximized?
Probability that A will be alive in 20 years is 0.7 and probability that B will be alive in 20 years is 0.6, then what is the probability that they bot...
Relevant for Exams:
