Start learning 50% faster. Sign in now
The correct answer is D
What is the investment multiplier when the marginal propensity to consume is 0.60 and the marginal propensity to import is 0.20
The Phillips curve shows the trade-off between ----- and -----?
If the sum of the product of the deviation of X and Y from their means is zero, the correlation coefficient between X and Y is:
In the long run, the steady state rate of growth of a capitalist economy
In the standard IS-LM model, an increase in Government spending (G) without changing taxes has
During the planning period, highest growth rate was achieved during
What is the target Fiscal Deficit as a % of GDP for FY23 in the Union Budget 2022-23?
If the money supply grows 5 per cent, and real output grows 2 per cent, prices should rise by
Consider an economy described by the following equations:
C = 100 + 0.6 ∗ (Y − T) (consumption function)
For Ram, coarse rice is an inferior good. This means