Question
The natural numbers 'P', 'Q', and
'R' satisfy the ratios P:Q = 2:3 and Q:R = 5:4. Which of the following could be a possible value of (6P + 2Q + 4R)?Solution
ATQ, Let βQβ = β15aβ So, βPβ = 15a Γ (2/3) = β10aβ And, βRβ = 15a Γ (4/5) = β12aβ Since, 6P + 2Q + 4R = 6 Γ 10a + 2 Γ 15a + 4 Γ 12a = 138a Out of the given options only 690 is a multiple of 138.
The value of expenditure multiplier when marginal propensity to save is 0.4 is
Which of the following statements about a firm's average cost curves is false?
Which of the following is a possible change in total revenue that occurs if you increase the price of a good with unit elasticity?
Consider the following:
Statement 1: There exists an inverse relationship between market rates of interest and price of bond
Statement 2: ...
In an economy, ceteris paribus, the value of imports decreased by Rs.100, what is the change in the value of output
A sample poll of 100 voters reveals the following information about candidates A, B and C who are nominated for 3 different offices:
- ...
Which of the following is an implication of the Solow Growth Model regarding long-term economic growth?
In the Capital Asset Pricing Model (CAPM), the beta (Ξ²) of a security measures its:
In cluster sampling:
Suppose the relationship between Y and two explanatory variables in true model is Yi = 5+2.4X1i-3.5X2i + ei . What is the value of beta(1) in the regres...
Relevant for Exams:
