Which of the following is not one of the major economic challenges that posed threat to global growth, according to the Economic Survey of 2023?
The Covid-19 pandemic notified by the WHO in January 2020 was the first challenge of the third decade that hit global growth. Two years later, as the global economy was recovering from the pandemic-induced output contraction, the Russia-Ukraine conflict broke out in February 2022, triggering a swing in commodity prices and, thus, accelerating existing inflationary pressures. This posed the second challenge. Soon after, the third challenge emerged when nations undertook monetary tightening to rein in inflation causing growth to weaken. Monetary tightening also drove capital flows to safe-haven US markets, contributed to rising sovereign bond yields, and depreciation of most currencies against the US dollar. The consequent increase in borrowing costs also stressed high levels of public and private debt, threatening the financial system.
A distribution of 6 scores has a median of 21. If the highest score increases 3 points, the median will become
Mean and Standard deviation of 100 observation is 50 and 10 respectively. What will be the new mean and Standard deviation if each observation is multip...
Let the utility function of a consumer be given by U(x,y) = min {y+2x, x+2y}. Prices are given by Px=1, Py=3, while the consumer’s income is...
According to the Taylor principle, for inflation to be stable, the central bank must respond to an
increase in inflation wit...
If a tax on a good is doubled, the deadweight loss from the tax
Demand function for two commodities was given as below. Which of the following options are correct? Q1= A1(Px1)-0.5 (Px2)0.2 Q2 = ...
Which of the following statements is NOT CORRECT in the context of an Open Economy IS-LM Model under Floating Exchange Rate (with fixed price) and Perfe...
Which of the following statements is NOT correct in the context of quantity theory of money?
If factor cost is greater than Market price, then it means that:
Offer curve introduced by Alfred Marshall deals with :