If the fiscal deficit of an economy be 3% of GDP and if the current account deficit also be 3% of GDP in a particular year for that economy, then its ag...
Let X and Y represent prices in Rs of a commodity in Kolkata and Mumbai respectively. It is given X(bar) = 65, Y(bar) = 67, standard deviation...
Assume a small open country under fixed exchanges rate and full capital mobility. Prices are fixed in the short run and equilibrium is given initially a...
What is the investment multiplier when the marginal propensity to consume is 0.60 and the marginal propensity to import is 0.10?
Income elasticity of an inferior good is always
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The devaluation of a country’s currency will lead to an improvement in its balance of trade with the rest of the world only if
Given two lines of regression x+3y=11 and 2x+y=7. Find the coefficient of correlation between x and y.
T he Golden Rule of Capital in the Solow Growth Model is that level of steady-state capital per worker where,
             I.  Â...
Let the utility function of a consumer be given by U(x,y) = min {y+2x, x+2y}. Prices are given by Px=1, Py=3, while the consumer’s income is...
