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For which of the following consumption functions, the value of income multiplier, k=4?
An economy’s output in year 0 is 10 percent below its maximum potential output and the maximum potential output steadily increases at the rate of 5 pe...
The wealth distribution in a certain country is described by following Lorenz Function
F(x) = 3x6 where ...
Which sector witnessed the most significant credit inflow YoY growth in FY24?
Which of the following accurately describes the initial stages of the Demographic Transition Theory?
A) • Stage 1: High birth and death rates, ...
The equation for a supply curve is P = 3Q – 8. What is the elasticity in moving from a price of 4 to a price of 7?
In which of the following market structure Quantity is maximum?
The index of import prices stands at 120 and that of exports is 156. What is the terms of trade
Which among the following are the recommendations of the Urjit Patel Committee report on monetary policy?
I. Curtailment of the fiscal deficit.
In the context of comparative advantage, what does the term 'opportunity cost' refer to?