Question
Statement: Should all the industries in big cities be
relocated at the outskirts of them in order to prevent industrial pollution. Arguments: 1) No, Transfer of industries is going to cost more. 2) Yes, The effects of industrial pollution are far reaching and liable to affect the eco-system for many years to come. Most industries require large amounts of water for their work. When involved in a series of processes, the water comes into contact with heavy metals, harmful chemicals, radioactive waste and even organic sludge. Each question given below consists of a statement, followed by two arguments numbered I and II. You have to decide which of the arguments a ‘strong’ argument is and which a ‘weak’ argument is.Solution
Argument I is weak and Argument II is strong because it clearly shows the impact of industrial pollution.
Let X and Y be two related variables. The two regression lines are given by x-y+1=0 and 2x-y+4=0. The two regression lines pass through the point:
Which of the following test is used for Multicollinearity?
A firm sells 40 units of commodity X when its price is 10. At what price it will sell 60 units of the commodity if its price elasticity of supply is 0....
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...
In hypothesis testing, failing to reject a false null hypothesis is known as:
Within the AD-AS model, a phenomenon known as stagflation is best represented by a shift in which curve, and with what consequence for the short-run equ...
A "Pigouvian tax" is designed to correct for:
Let the correlation coefficient between X and Y be 0.6. Random variables Z and W are defined as Z=X+5 and W=Y/3. What is the correlation coefficient bet...
For a positively sloped LM curve, which of the following statements is CORRECT?
According to the graph on the right, the equilibrium price in the market before the tax is imposed is