Question
If A : B = 9:7 and A is 10 more than B then find the sum
of A and B.Solution
Let x be the common multiplier. Then, => A : B = 9x : 7x => A = B + 10 => 9x = 7x + 10 => x = 5 A + B = 9x + 7x = 16x = 16 × 5 = 80
 The index of import prices stands at 150 and that of exports is 180. What is the terms of trade
According to the Taylor principle, for inflation to be stable, the central bank must respond to an
increase in inflation with...
Which of the following could be a remedy for Multicollinearity Problem?
A society in which there was garbage collection problem. But there was voluntary problem of payment so some people would participate and some wouldn’t...
The demand function for a good is X = 5000 – 10Px + 15Py + 0.2Y, where in Px is the price of X, Py is the price of another good and Y is the incom...
According to Keynesian theory, the equilibrium level of income and output in an economy is determined by the intersection of:
PM SVANidhi Scheme is one of the major safety net programmes launched during the Pandemic. What is the main objective of the Scheme?
What will be the value of P(not E) if P(E) = 0.07?
Consider an economy described by the following equations:
 C = 100 + 0.6 ∗ (Y − T) (consumption function)
 In the case of cost-push inflation, other things being equal:
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