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ATQ, The given series follows the following pattern: 97 + 32 = 106 106 + 43 = 170 170 + 52 = 195 195 + 63 = 411 411 + 72 = 460
The 2nd phase (diminishing returns to a factor) is exhibited by the following total product sequence:
You are given the following data for national economy of a country Y:
Equilibrium GDP is $6000 million.
MPC is 0.8
It is considered...
Which of the following is NOT a postulate of the Classical Model of full-employment equilibrium?
Probability that A will be alive in 20 years is 0.7 and probability that B will be alive in 20 years is 0.6, then what is the probability that they bo...
Classical economists argue that money is neutral because
Backward bending labor supply curve is because of
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...
For the 2 variables x and y with the same mean, the regression equation are y = 5x+b and x=7y +c. Calculate b/c
Consider the following:
Assertion (A): According to Peacock-Wiseman hypothesis, public expenditure increases overtime in a step-by-step manner.
