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First 13 whole numbers = 0, 1, 2, …….., 18, 19 Average = (1st term + last term)/2 = (0 + 19)/2 = 9.5
Assume a small open country under fixed exchanges rate and full capital mobility. Prices are fixed in the short run and equilibrium is given initially a...
Walraw’s Law states the following:
If input prices adjusted very rapidly to output prices as classical economists argue the Phillips cure would be
What is the output elasticity of labour in the following production function?
Q = 10L0.5K0.5
Which of the following statements is not true regarding CRISIL ?
Consider the game:
What is the dominant strategy o...
Fisher’s cash transaction equation is expressed as
The marginal cost of production is MC=0.3x+4, determine the cost involved to increase production from 70 to 100 units.
'Distributed Profits' is also known as:
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...
