Question
When we jump out of a boat, the boat moves in the
opposite direction. This is due to:Solution
According to Newton's third law of motion, for every action, there is an equal and opposite reaction. When the man jumps from a boat, he applies force on the boat due to which boat moves backward. An equal force is exerted by the boat on the man which helps the man to jump out of the boat.
Consider the following:
Statement 1: There exists an inverse relationship between market rates of interest and price of bond
Statement 2: ...
State Hotelling's Rule (or the Hotelling Principle) for the extraction of a non-renewable resource. What is the economic significance of the "user cost"...
A central bank decides to increase money supply. For a given price level, the LM curve is expected to
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Assertion (A): Use of goods and services from which one can be excluded are pure private goods.
Reason (R): Such goods and se...
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The Travel Cost Method (TCM) is a Revealed Preference Method. What type of environmental good or service is it typically used to value, and what actual ...
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