Marshall−Lerner condition ensures that devaluation improves a country’s balance of trade position if the sum of the price elasticities of demand for exports and imports (in absolute value) is greater than 1. Assuming that this condition is being fulfilled, then depreciation in exchange rate will decrease the current account deficit.
If (a3+1)/(a+1) = (a3-1)/(a-1) and a ≠ 1, -1. Find the value of 'a'
A shopkeeper marked his article 25% above its cost price and offered a discount of 30%. If cost price of the article is Rs. 560, then find profit or los...
The certain sum amounts to Rs11313.5 in 2(1/2) years at 12% p.a., interest compounded 10 months. The sum (in Rs) is:
Find the value of ‘x’ in the given expression:
(49/16)x× (64/343)x-1= 4/7
If 2x + y = 15 and xy = 18, then the value of (4x² - y²)
If √x + 1/√x = 2 then find the value of 3x2 + 1/3x2.
If 2x+1, x+2, 2 and 5 are in proportion, then what is the mean proportional between 3.5(1-x) and 8(1+x)?
If (a – 8) 2 + (b + 2) 2 + (c – 3) 2 = 0, then find the value √(a +b + c).
...If x + y + z = 4, xyz = 6 & x2 + y2 + z2 = 8 then find the value of x3 + y3 + z3.