Acid rain is primarily caused by the emissions of sulphur dioxide and nitrogen oxides. These gases react with water vapor in the atmosphere to form sulfuric and nitric acids, leading to acid precipitation.
If the money supply grows 5 per cent, and real output grows 2 per cent, prices should rise by
The graph that shows the relationship between the size of a tax and the tax revenue collected by the government is known as a
Park Test is used for which of the following?
You have a budget of Rs. 4000 and would like to purchase LPG cylinders from a local seller who charges Rs. 50 per cylinder. The seller has a subsidy sch...
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....
If elasticity is ‘e’, and price of the product is B, MR=?
The Fisher Effect assumes that the
I f Rs. 10 crores are invested in public works and MPS is 0.25, then the increase in income would be
The H.M. and G.M. of a distribution are 8 and 10 respectively. Then the A.M. is
Leontief Preferences are related to