Question
Read the given statements and conclusions carefully.
Assuming that the information given in the statements is true, even if it appears to be at variance with commonly known facts, decide which of the given conclusions logically follow[s] from the statements. Statements: Some Trains are Cars Every Cars are Trams Conclusions: I. Some Trams are Trains II. All Cars are Trains III. Some Trains are not TramsSolution
Some Trains are Cars (I) + All Cars are Trams (A) → Some Trains are Trams (I) → Conversion → Some Trams are Trains (I). Hence conclusion I follows but conclusion III does not follow. Some Trains are Cars (I) → Conversion → Some Cars are Trains (I). Hence conclusion II does not follow.
When a firm’s decision to produce decreases the wellbeing of others, but the firm does not compensate those others. It is a case of______.
...Which of the following is not a test related to Heteroscedasticity?
India traditionally runs a large Merchandise Trade Deficit (Goods). What is the key component that typically counteracts this to keep the Current Accoun...
If the economy is operating at point C, the opportunity cost of producing an additional 20 units of bacon is
Under a fixed exchange rate system with perfect capital mobility, what happens when the government increases its spending?
An unbiased coin is tossed until a head appears. The expected number of tosses required is
Consider a closed economy wherein
C = 0.60 Yd , t = 0.25 , I = 900 – 30i , G = 800, L = 0.20 Y – 50i , M/P = 500
Where in Yd = Dis...
In an open economy, ceteris paribus, If the marginal propensity to import increases, what will be the impact on Income Multiplier?
In the foreign exchange market price of US Dollar rises from ₹ 60 to ₹ 61. This means that_____
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