Question
If the marginal propensity to save is 0.3 and the
marginal propensity to import is 0.1, and the government increases expenditures by Rs. 10 billion, ignoring foreign-income repercussions, by how much will GDP rise?Solution
Multiplier = 1/(1-c+m) = 1/(1-0.7+0.1) = 1/0.4 = 2.5 Change in GDP = 2.5 Change in G = 2.5 (10) = 25
Select the option in which the numbers are related in the same way as are the numbers in the given set.
(108, 115, 136)
Select the option that is related to the third word in the same way as the second word is related to the first word.
Permanent : Temporary ::...Select the option that is related to the fifth number in the same way as the second number is related to the first number and the fourth number is rela...
'A # B' means 'A is the father of B'. 'A @ B' means 'A is the sister of B'. 'A & B' means 'A is the son of B'. 'A % B' means 'A is the mother-in-law of ...
How many letters are there in the given series which are immediately followed by a number?
N 8 9 B @ A 7 % 8 N P @ P R N 9 @ B # 7 H 8
Select the option that is related to the third word in the same way as the second word is related to the first word.
Painting : Brush :: Writin...
If 12 $ 18 = 10, 15 $ 18 = 11 then what is the value of 32 $ 22 = ?
Based on the numerical analogy given, choose the correct answer from the options given below:
16:56 32:?
Select the related word from the given alternatives.
Pilot : Airplane :: Captain : ?
Select the option in which the numbers are not related in the same way as are the number of the following set.
(12, 15, 90)