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The idiom "take the plunge" means to make a bold decision or take a risky step. (A) beat around the bush: Avoiding direct communication or not getting to the point. (B) take the plunge: To make a bold decision or take a risky step. (C) throw cold water upon anything: To discourage or dampen enthusiasm. (D) reap the harvest: To enjoy the results of one's efforts, especially over time. (E) wave a dead chicken: To resort to desperate measures.
For Cobb-Douglas production function the elasticity of substitution is
Which method is used by Hicks to eliminate the income effect when price of a product is changed
If income elasticity is less than 1 then the goods are
In a small open economy with a floating exchange rate, the supply of real money balances is fixed and a rise in government spending ______
Which method is used by Hicks to eliminate the income effect when price of a product is changed
From the following data, find National income.