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Theory X: The assumptions that the average human being has an inherent dislike of work, that most people must be threatened to get them to put forth adequate effort, and that people prefer to be directed and to avoid responsibility. Theory Y: The assumptions that work is as natural as play, that workers can exercise self-direction and self-control, and that imagination, ingenuity, and creativity are widespread.
Among the following production functions which one is having decreasing returns to scale
The minimum rate at which the central bank re-discounts bills held by commercial banks is called:
If rxy = 0.75, then correlation coefficient between u = 1.5X and v = 2Y is:
The credit manager at a Departmental store collects data on 100 of her customers. Of the 60 men, 40 have credit cards (C). Of the 40 women, 30...
Suppose demand and cost function of a monopolist are Q = 5 – 0.25P and C = 4Q+2. If government imposes a tax @10% of sales. What is the total tax ...
A decrease in the tax to GDP ratio indicates which of the following:
Slowing economic growth rate
...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...
The economic development in Schumpeter’s development theory is because of
If income elasticity is less than 1 then the goods are
If the Law of One Price holds then
I. Changes in national saving do not affect the real exchange rate
II. Changes in investment spending ...