Identify the number, which when added to itself 17 times gives 756.
When we add a number (a) to itself 'n' number of times then the resultant we get is: a + (a x n). Here, Let the required number be a. a + (a x 17) = 756 18a = 756 So, a = 42
Find National Income from the following
Autonomous Consumption = Rs. 100
Marginal Propensity to Consume =0.60
Investment = Rs. 200<...
Holly, Brian, Fred, Tracy, and Melanie have income elasticities for veggie burgers as given below:
Person Income elasticity o...
Among the following production functions which one is having decreasing returns to scale
What is the investment multiplier when the marginal propensity to consume is 0.60 and the marginal propensity to import is 0.20
Transaction demand for money, Mt = 0.5Y. Speculative demand for money, Msp = 100 – 250 i
Money supply Ms = 300
LM equation from the a...
Which method is used by Hicks to eliminate the income effect when price of a product is changed
Consider the following:
Assertion (A): According to Peacock-Wiseman hypothesis, public expenditure increases overtime in a step-by-step manner.
What is the elasticity of the demand curve when P=10 and Q=20 and the inverse of slope of the demand curve is -2?
If one’s consumption of a good does not diminish the quantity of good available for consumption by someone else, the consumption is__________.
...For which of the following consumption functions, the value of income multiplier, k=4?
