A country Kaishala imposes a 10% tariff on imported vehicles but no tariff on imports of machinery or other inputs to the manufacture of vehicles. Suppose that under free trade, the cost of imported material is $8000 for a $10000 vehicle. Calculate the effective rate of protection.
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...
If elasticity is ‘e’, and price of the product is B, MR=?
Consider a fractional reserve banking system with a legally required reserve-deposit ratio of m. Suppose that an individual deposits ID dollars in one b...
A neutral technological change __________
In a government budget, revenue deficit is Rs. 50000 crores and borrowing are Rs. 75000 crores. The fiscal deficit will be:
What will be the probability of losing a game if the winning probability is 0.3?
According to the Romer model, if the stock of ideas increases by 15 %, how much will output per worker increase when all else is equal?
...A two-person zero-sum game means that the
A consumer demand curve can be obtained from
Find MR when ed=0.5 and P=10
