In a dataset, if the mean is significantly greater than the median, the distribution is most likely:
Under nominal wage rigidity, the short run aggregate supply schedule will be
Suppose the following bilateral spot exchange rates are being quoted for the Danish krone (DKK), the US dollar (US$) and the euro (€):
US$/€ ...
What do you mean by ‘under conditions of a perfect competition in the product market’?
VIF test is done for which of the following?
We quite often use the term economies of scale. What does this mean?
In the Keynesian consumption function C = a + bY, 'a' represents:
The price elasticity of demand for good X is known to be twice that of good Y. Price of X falls by 5% while that of good Y rises by 5%. What is the perc...
Consider A’s utility function to be U(x,y)=(min{X,Y})1/2, the price of good X is Rs.2 and price of good Y is Rs.1. Calculate the total Util...
