N. Rajam is renowned for playing the violin.
Consider a fractional reserve banking system with a legally required reserve-deposit ratio of m. Suppose that an individual deposits ID dollars in one ...
If the marginal propensity to save is 0.3 and the marginal propensity to import is 0.1, and the government increases expenditures by Rs. 10 billion, ign...
Consider a closed economy wherein
C = 0.60 Yd , t = 0.25 , I = 900 – 30i , G = 800, L = 0.20 Y – 50i , M/P = 500
Where in Yd = Dis...
A firm sells 40 units of commodity X when its price is 10. At what price it will sell 60 units of the commodity if its price elasticity of supply is 0....
When R2 = 0, the estimated line (SRF) lies
Consider the following:
Assertion (A): According to Peacock-Wiseman hypothesis, public expenditure increases overtime in a step-by-step manner.
The sum of squared deviation is minimum when taken from
Market failure is the inability of
Suppose the money supply in Mexico grows more quickly than the money supply in the USA. We would expect that
