Income elasticity of an inferior good is always
An economist calculated the cross-price elasticity of demand for nicknacks and gizmos and got -0.5. What can she conclude about the relationsh...
Expansionary fiscal policy in the classical model will cause aggregate demand to-----potential output?
If coefficient of correlation rxy= 1, then
By _____________ economists refer to an unanticipated inflation that reduces the real value of outstanding government debt.
Which of the following statements is incorrect?
Consider a bargaining game:
Find pure strategy Nash equilibrium.
The theory of comparative advantage in a twoโcountry, twoโcommodity world can only work ifย
ย The index of import prices stands at 150 and that of exports is 180. What is the terms of trade
ย Type I error occurs when
