Which of the following is not a measure of dispersion?
The mode, which is the most frequently occurring value in a set of data, is a measure of central tendency, not dispersion. Dispersion measures (like range, mean deviation, and standard deviation) indicate the spread or variability of the data set.
The Fisher Effect assumes that the
Consider the following production function
Q = 20L – 0.2L2 – 20K + 0.2 K2 + 4KL
If 20 units of capital i...
Demonetization refers to
If the endowment of some resource increases, the industry that uses that resource most intensively will increase its output while the other in...
If indirect taxes are subtracted and subsidies are added to Net Domestic Product at market price we get
An economist calculated the cross-price elasticity of demand for nicknacks and gizmos and got -0.5. What can she conclude about the relationsh...
If money is neutral,
Whenrxy>0,thenbyxandbxyareboth:
...Which of the following is correct?
