Question
A certain sum of money is given at a certain rate for 3
years. Had it been given at 5% higher rate; it would have fetched Rs.600 more. Find the sum.Solution
Let the sum =100Rs. R=r%, T=3years rate with 5% higher rate =r+5 three-year growth =15% ATQ- 15% =600 1=40 Then sum =100×40=4000.
According to the Quantity Theory of Money (QTM), what is the predicted effect of a change in the velocity of money on the price level in the long run?
The Indirect Utility function is = 12M3/27PxPy, where M is the income, P(x) is the price of commodity X and P(y) is the price of commodity Y....
If a random variable X follows a uniform distribution between 0 and 1, what is the expected value of X?
Match the following
A.   Modigliani            I.      Liquidity Trap
B.   Hicks       ...
Which theorem intends to show that the change in commodity prices changes the distribution of real incomes between capital and labor?
The fiscal deficit is the difference between the government’s total expenditure and its total receipts excluding ______
In an open economy, ceteris paribus, If the marginal propensity to import increases, what will be the impact on Income Multiplier?
What is sum product of the error an independent variable in OLS estimation
Guess an even integer between 1 and 100 that is closest to 1/2 of the mean of the guesses, what will be the equilibrium in that case?
If r is negative, we know that :
Relevant for Exams:
