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In the presence of sticky wages, the short-run Aggregate Supply (AS) curve is upward sloping because as prices increase, firms can hire more workers at the existing wage rate, leading to an increase in output. In the case where both wages and prices are sticky then AS is horizontal and when both are flexible AS is vertical.
The ratio of the present ages of Ginni and Binni is 5:3 respectively. Ginni is ‘n’ years older than Binni. If after 2 years, the ratio of the ages o...
The ratio of the present ages of father and his son is 9:4. The product of their ages 2 years ago was 34 times of his son’s age that year. What wa...
The current age of Derek is twice that of Eve. 7 years from now, Derek's age will be 1.5 times the age of Fred at that time. If Eve is 5 years younger t...
Present age of ‘A’ is 25% more than that of ‘B’. If 14 years hence from now, ‘B’ will be 13 years younger than ‘A’, then find the sum of...
The present age of B is more than twice A’s present age by 4 years. The ratio of A’s age 6 years hence to B’s age 2 years hence will be 4:7. What ...
The average age of Mohan, his wife, his son and his daughter is 24 years. His wife is just 5 years younger than Mohan himself and his wife was 25 years ...
The current age ratio of Riya to Renu is 4:7. In eight years, the combined age of Riya and Renu will total 93 years. What is Riya's current age?
A is 3 years older than B while C is 4 years younger than B. The ratio of age of A, 8 years hence and age of B, 6 years ago is 5:4. What was age of C, 1...
A is 2 years older than B while C is 3 years younger than B. The ratio of age of A, 5 years hence and age of B, 4 years ago is 5:4. What was age of C, 1...
The sum of the ages of P, Q, and R is 120 years. If P is 10 years older than Q and R is 5 years younger than P, what is the age of Q?
