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Start learning 50% faster. Sign in nowLet monthly income of A and B be 8x and 9x, respectively. Then, 8x + 9x = 68000 17x = 68000, x = 4000 A’s monthly income = 8x = Rs. 32000 B’s monthly income = 9x = Rs. 36000 Given, expenditure of B = Rs. 18000 So, B’s saving = 36000 – 18000 = Rs. 18000 Then, A’s saving = 18000 + (1/9) × 18000 = 18000 + 2000 = Rs. 20000 A’s expenditure = 32000 – 20000 = Rs. 12000
If investment is not responding to change in interest rate, then which of the following is true?
If a government defaults on the value of its debt by 3/4, this is the same as imposing a ____ tax on interest and repayment of the principal.
Which of the following is a property of a normal distribution?
For the following MA (3) process y t = μ + Ε t + θ 1 Ε t -1 + θ 2 Ε t -2 + θ 3 Ε t -3 , where σ t is a ze...
If rxy = 0.75, then correlation coefficient between u = 1.5X and v = 2Y is:
A labor-augmenting technological change has no effect upon the
At pointA, inflation is equal to the underlying rate of inflation and output is at the level of output consistent with the equilibrium unemployment rate...
According to Linder's Overlapping Demand Theory, what factor is crucial for international trade between similar countries?
If the Gross Domestic Product (GDP) at market prices is $1,000 billion, the indirect taxes are $200 billion, and subsidies are $50 billion, what is the ...
According to the graph on the right, the equilibrium price in the market before the tax is imposed is
