Question
If the INR is quoted as 1 USD = Rs.76, it is called a
_________Solution
Direct quote is when foreign currency is fixed and Indian rupee are variable (i.e. 1USD = Rs.76). Indirect quote is when foreign currency is variable and Indian Rupee is fixed (i.e. Rs.100= USD 1.32). In India, direct quotes are quoted for INR.
The JAM (Jan-Dhan, Aadhaar, and Mobile) trinity has significantly contributed to which of the following in India?
Suppose incomes double over a period of years. Which sorts of product will experience the biggest increases in price?
When oligopolistic firms co-operate and work as cartel, then output produced is ______ than perfect competition and ______ to Monopoly
Explain the concept of the "Double Dividend Hypothesis" associated with a Pigouvian tax on pollution.
Which of the following is an implication of the Solow Growth Model regarding long-term economic growth?
If the marginal product function of quibs is positive from 0 to 25 units of quibs, and 0 for 25 units of quibs and above, the total product function of ...
What is the value of elasticity of substitution in case of perfect substitutes?
What is the saddle point for the following zero sum game?
Which of the following statements about graphs of short-run cost curves is false?
The Lucas Critique asserts _______
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