The correct answer is E
The dummy variable trap occurs when
If the endowment of some resource increases, the industry that uses that resource most intensively will increase its output while the other in...
GDP= 12000, tax rate was 15% of GDP, Private savings was 12% of GDP and public savings was 360. Find consumption level of closed economy.
For fixed proportion production function, the elasticity of substitution is
If the market demand is given by Q=250-50p and supply Q=25p+25 then what is equilibrium price in market
When an individual’s consumption decreases the wellbeing of others, but the individual does not compensate those others. It is the case of__________....
When the expected future marginal product of capital increases, then the IS curve
Suppose the nominal interest rate is 7 per cent while the money supply is growing at a rate of 5 per cent per year. If the government increases the grow...
What is the Slope of the Straight line PPC curve between cloth and wheat?
