Question
The average age of a group of 20 persons is found to be
27 years. Later it is found that age of two of the persons is calculated as 25 and 30 instead of 55 and 20. Find the correct average age of the group.Solution
Required average = {(20 × 27) – 25 – 30 + 55 + 20}/20 = 28 years
The Mundell-Fleming framework studies (A) _____ , (B) _________ economies in a world with (C) _____ financial markets and (D) _____ capital mobility
Effective Revenue Deficit is
In the Mundell-Fleming model with a floating exchange rate and perfect capital mobility, what is the effect of an increase in the money supply?
Which one of the following is not an assumption of Classical Linear Regression Model
As per the Economic survey 2023-24, what percentage of India's economy was accounted for by the services sector in FY24?
The marginal product of labour (L) of the production function F(L, K) = LK2Â is , MPLÂ =
In the Solow Model, what is the impact of an increase in the savings rate on the steady state level of capital per worker?
In the foreign exchange market price of US Dollar rises from ₹ 60 to ₹ 61. This means that_____
When exchange rate in terms of domestic currency rises
The following utility function represents what kind of preferences U(x,y) = x2 + y + 2xy0.5
