Question
Which of the following is a contra
account?Solution
Explanation: A contra account is an account that is used to offset another account. Accumulated depreciation is a contra account to the asset account, as it reduces the value of the asset.
New trade theory Krugman predicts _____
Which of the following statements is incorrect?
The two regression lines are 6X+4Y=52 and 12X+6Y=62. Find the correlation coefficient.
...If the demand is 100 during October 2016, 200 in November 2016, 300 in December 2016, 400 in January 2017. What is the 3-month simple moving average for...
Laffer curve predicts what happens as tax rate rises?
 In the Lewis model, what does the term “surplus labor” refer to?
A researcher has to consult a recently published book. The probability of it being available is 0.5 for library A and 0.7 for library B. Assum...
For the demand function Q=a-P and the Marginal cost = c. Arrange the quantity produced by the following models in ascending order I) Bertnard II) Monopo...
Which of the following is a possible change in total revenue that occurs if you increase the price of a good with unit elasticity?
A country Kaishala imposes a 10% tariff on imported vehicles but no tariff on imports of machinery or other inputs to the manufacture of vehicles. Suppo...
