Question
What was the trade strategy adopted by India during the
first seven Five-Year Plans?ÂSolution
India followed an inward-looking trade strategy, emphasizing self-reliance.
According to the Quantity Theory of Money (QTM), what is the effect of a change in the velocity of money on the price level in the long run?
Which new feature was introduced in Japan’s banknotes to deter counterfeiters?
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...
If the public consumes €100 billion less and the government purchases €100 billion more (other things unchanging), which of the following stat...
State Hotelling's Rule (or the Hotelling Principle) for the extraction of a non-renewable resource. What is the economic significance of the "user cost"...
 If a Cobb-Douglas production is Q = K0.4 L0.6 the function is
Which recent policy initiative aims to make India a $5 trillion economy by 2025?
Law of diminishing returns only applies to cases where
Which of the following is an implication of the Solow Growth Model regarding long-term economic growth?
The following utility function represents what kind of preferences U(x,y) = x2 + y + 2xy0.5