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The world's first floating city, which will be built off the coast of South Korea, is likely to be completed as early as 2025. Backed by the United Nations, the city will be made off the coast of Busan to tackle the problem of rising sea levels. It will be a flood-proof infrastructure comprising several man-made islands that will aim to eliminate the risk of flooding by rising with the sea.
In classical linear regression model if we add in 90 in X and Y observation and re-estimate the regression model then slope coefficient
A consumer has utility function given by : u{x1,x2} = min {2x1+x2, x1+2x2}. Given income m = 100, prices p1 = 20, p2 = 30, the amount of x1 in...
Consider the following Utility function U(x,y) = 4x+5y. The price of x and y are 5 and 6 respectively. The income of the consumer is 120. Calculate the ...
In the Mundell-Fleming model with a floating exchange rate and perfect capital mobility, what is the effect of an increase in the money supply?
X = 10Y+9 and Y = DX+8 are two regression equations of X on Y and Y on X respectively. Which of the following is true always regarding D
Which theorem intends to show that the change in commodity prices changes the distribution of real incomes between capital and labor?
What is the standard error of regression y on x when the standard deviation of y is 2 and the coefficient of determination is 0.36
R-square is the fraction of
In a Cournot duopoly, if one firm increases its output, how does the other firm typically respond?
Suppose the nominal interest rate is 7 per cent while the money supply is growing at a rate of 5 per cent per year. If the government increases the grow...