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A few stars are satellites (I) + All satellites are planets (A) → Some stars are planets (I) → Probable conclusion → All stars may be planets (A). Hence conclusion I does not follow. 8% rays are satellites (I) + All satellites are planets (A) → Some rays are planets (I). Hence conclusion II follows.
A worker’s wage in 1996 was Rs.180. What should be the wage in 1999 so that the worker remains at the same level of consumption? [Consider 1995 as...
Suppose nominal GDP equals 1,000 units and money supply equals 250 units. Based on the quantity theory of money, the velocity of money equals.
The utility function of X is such that X likes to consume 2 units of lemon with every 1 liter of water. The price of lemon is Rs.1.00 and that of 1 lite...
Offer curve introduced by Alfred Marshall deals with :
Find MR when ed=0.5 and P=10
In the regression specification y = α + βx + ε
For which of the following consumption functions, the value of income multiplier, k=5?
IftheregressionlineofYonXisY=30-0.9XandthestandarddeviationsareSx=2andSy=9,thenthevalueofthecorrelatio ncoefficientrxyis
...If the endowment of some resource increases, the industry that uses that resource most intensively will increase its output while the other in...