Question
Statement: Some serious mistakes were found in the
technical section of a company. Course of Action: I. An efficient technical team should be appointed to check the technical errors. II. A reason explanation notice should be issued to all the employees involved in the irregularities. In this question, a statement is followed by two courses of actions, numbered I and II. You must assume everything in the statement to be true and on the basis of the information given in the statement, decide which of the course of action/s logically follow for pursuing.Solution
The correct answer is Option 4, Both I and II follow.
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