The marginal product of labour (L) of the production function F(L, K) = LK2 is , MPL =
Where there is increase in Government expenditure, how will it affect Phillips curve?
Suppose the money supply in Mexico grows more quickly than the money supply in the USA. We would expect that
The optimal quantity of the Public good to be produced is given by
Calculate Disposable income:
Consumption (C) = 300
Investment (I) = 50
Government purchases (G) = 70
Government transfer pay...
On a graph for a monopolist or monopolistic competitor, which of the following curves coincide?
Which of the following is not a test related to Heteroscedasticity?
In the standard IS-LM model, an increase in Government spending (G) without changing taxes has
In the context of comparative advantage, what does the term 'opportunity cost' refer to?
If the regression coefficients of x on y and y on x are -1/4 and -1/9 respectively, then what is the correlation coefficient between x and y?
