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For goods x1 and x2 with prices P1 and P2, if dx1/dP2 is positive then,
Accelerator theory of investment is the ratio of:
If a country’s nominal GDP is constant, then which of the following statements about it would be correct?
According to the Mundell-Fleming model for a small open economy with flexible exchange rates, if the Federal Reserve cannot alter domestic int...
Consider a Solovian economy with the aggregate production function Yt = K1/2l1/2 . The initial size of the population is 100...
Which method is used by Hicks to eliminate the income effect when price of a product is changed
What is the Balance of current account in the above table?
For a perfectly competitive industry , the Marginal cost of producing good X is Rs.10 and that for a Monopoly firm is Rs.12. The demand function fo...
What will happen when supply elasticity is less than demand elasticity?