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No P is Q (E) + [All R is Q (A) → Conversion] → Some Q is R (I) → Some R is not P (O*). Hence conclusion I does not follow. All R is Q (A) + [No P is Q (E) → Conversion] → No Q is P (E) → No R is P (E). Hence conclusion II follows.
If money is neutral,
Find regression coefficient of y on x (byx) if correlation coefficient between x and y values is 0.75 and standard deviation of x and y are 5 and 6.4 re...
If money is neutral,
You have a budget of Rs. 4000 and would like to purchase LPG cylinders from a local seller who charges Rs. 50 per cylinder. The seller has a subsidy sch...
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 ...
In an open economy with free capital flows, the central bank can
C = 40+0.75Y
I = 140 – 10i , G=100, T=80, Money demand = 0.2Y – 5i , Money Supply = 85
Suppose the government increases the ex...
If elasticity is ‘e’, and price of the product is B, MR=?
Which of the following is true for Disposable Income?
For a positively sloped LM curve, which of the following statements is CORRECT?