Question
Pointing to a child in the photograph, a gentleman said
“His father’s father is my brother.” How is this gentleman related to the child?Solution
The correct answer is D
Laffer curve predicts what happens as tax rate rises?
For the regression line of y on x, 2x+7y+32=0, find the value of byx.
The Ricardian Equivalence Theorem suggests that a budget deficit financed by issuing government bonds will have no effect on aggregate demand. This theo...
Let the utility function of a consumer be given by U(x,y) = min {y+2x, x+2y}. Prices are given by Px=1, Py=3, while the consumer’s income is...
Consider an economy described by the following equations:
C = 100 + 0.6 ∗ (Y − T) (consumption function)
Which of the following could be a remedy for Multicollinearity Problem?
Suppose the following bilateral spot exchange rates are being quoted for the Danish krone (DKK), the US dollar (US$) and the euro (€):
US$/€ ...
For Ram, coarse rice is an inferior good. This means
The GDP’s (at factor cost) and population sizes of two countries A and B were identical in a particular year. Which of the following statements is the...
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