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The following utility function represents what kind of preferences U(x,y) = x2 + y + 2xy0.5
Opportunity cost version of comparative cost advantage doctrine was introduced by
Law of diminishing returns only applies to cases where
Identify the order of chronological development of the theory of demand.
a. Marshall’s theory of demand
If the public consumes €100 billion less and the government purchases €100 billion more (other things unchanging), which of the following stat...
The JAM (Jan-Dhan, Aadhaar, and Mobile) trinity has significantly contributed to which of the following in India?
An oil exploration company intends to drill an exploratory well in each of two geologically unrelated regions A and B. If the probability of f...
Three brands of coffee are rated for taste on a scale of 1 to 10. Six persons are asked to rate each brand so that there is a total of 18 observations. ...
As per recent economic survey, what role did the RBI's monetary policy play in controlling core inflation in FY24?
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...
