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To find the larger value we use the formula i.e. (Sum + Difference)/2. Public vehicles travelled in 2013 = (1100+400)/2 = 750 Private vehicles travelled in 2013 = 1100 – 750 = 350 Public vehicles travelled in 2014 = (800+200)/2 = 500 Private vehicles travelled in 2014 = 800 – 500 = 300 Required % = (350/300) × 100 = 116.66%
The H.M. and G.M. of a distribution are 8 and 10 respectively. Then the A.M. is
Refer to the below given table
Coeffic...
The value of expenditure multiplier when marginal propensity to save is 0.4 is
If positive income effect is less than the substitution effect: the product will be
According to the Solow Model, which factor is primarily responsible for sustained economic growth in the long run?
If X(bar) = 25, Y(bar) = 120, bxy = 2. Find the value of X when Y=130?
____ in reserve requirements ____ the money supply since it causes the money multiplier to ____.
Type II error occurs when
The relationship between the unemployment rate and the gross national product is depicted by