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Some Lions are Tigers (I) →Conversion → Some Tigers are Lions (I) + No Lion is a Sparrow (E) → Some Tigers are not Sparrows (O) → Probable conclusion → All Sparrows can be Tigers (A). Hence conclusion I and III follows. All Parrots are Lions (A) + No Lion is a Sparrow (E) → No Parrot is a Sparrow (E) → Probable conclusion → Some Parrots are not Sparrows (O). Hence conclusion II follows.
What is the output elasticity of labour in the following production function?
Q = 10L0.5K0.5
If positive income effect is less than the substitution effect: the product will be
T he Golden Rule of Capital in the Solow Growth Model is that level of steady-state capital per worker where,
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An increase in the expected rate of inflation
Which of the following statements about graphs of short-run cost curves is false?
If input prices adjusted very rapidly to output prices as classical economists argue the Phillips cure would be
Among the following production functions which one is having decreasing returns to scale
Opportunity cost version of comparative cost advantage doctrine was introduced by
If two dice are thrown together, what is the probability of getting an even number on one dice and an odd number on the other dice?
Which method is used by Hicks to eliminate the income effect when price of a product is changed