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At present sum of age = 60 years After 2 years sum of age will be, => 6x + 5x + 2x + 4x = 60 + 2 × 4 => 17x = 60 + 8 => x = 4 C’s present age = 2x – 2 = 6 years
If Y = -10X and X = -0.1Y, then r is equal to:
Sonia has decided to always spend one-tenth of her income on shoes. Her income and price elasticities of demand for shoes are
Mean salary of total 100 employees was given to be 800. Also, mean salary of male and female employees was 400 and 900 respectively. Find the percent...
Suppose the reserve ratio is 0.2, Currency in Circulation is Rs.100, Deposits are Rs.400 and Excess Reserves Rs.10 , then calculate the money multiplier
The Indirect Utility function is = 12M3/27PxPy, where M is the income, P(x) is the price of commodity X and P(y) is the price of commodity Y....
Assertion (A): Use of goods and services from which one can be excluded are pure private goods.
Reason (R): Such goods and se...
Suppose the following bilateral spot exchange rates are being quoted for the Danish krone (DKK), the US dollar (US$) and the euro (€):
US$/&...
For the regression line of y on x, 2x+7y+32=0, find the value of byx.
What is the elasticity of speculative demand of money in case of Liquidity Trap is
If 50 percent of the families in a certain city subscribe to the morning newspaper, 65 percent of the families subscribe to the afternoon newspaper and ...