(i) W lives North West of X’s flat. (ii) X does not live on second floor. (iii) Z does not live in the same flat number in which X lives. Z lives above X. From these statements, we will have six cases: W lives at flat 1 either on floor no. 4 or 3 or 2. X lives at flat 2 on floor no. 1. Z lives at flat 1 on floor no. 4 or 3 or 2. (iv) N lives east of P who lives south of W. P lives at flat 1 of either floor no. 2 or 3. N lives at flat 2 of either floor no. 2 or 3. Case 4 , 5 and 6 will get One floor is between P and Y, who likes Mochi P and Y lives in same flat number. Case 1 and 3 will get discarded as there is no gap of one floor between P and (vi) O lives one of the floors below W’s floor. So, O lives at flat 2 of floor no. 2. (vii) M likes Puma and lives in even number flat. So, M lives at flat 2 of floor no. 4. (viii) Only one floor gap between the one who likes Liberty and the one who likes Nike. The one who likes Bata does not live in even number flat. (ix) The one who likes Adidas lives west of the one who likes Woodland. The one who likes Nike lives above the floor of one who likes Adidas. The one who likes Reebok lives in even number flat. The one who likes Nike lives at flat 1 on floor no. 4 and the one who likes Adidas lives at flat 1 on floor no. 3. The one who likes Bata lives at flat 1 on floor no. 2. The one who likes Liberty lives at flat 2 on floor no. 2.
Consider an economy described by the following equations:
C = 100 + 0.6 ∗ (Y − T) (consumption function)
I = 200 − 10...
Which scenario best describes the 'trilemma' or 'impossible trinity' in the context of the Mundell-Fleming Model?
The Coefficient of Alienation can be determined by
Backward bending labor supply curve is because of
In which of the following models, price is driven down to marginal cost?
Which of the following is correct regarding the Durbin-Watson Test?
...In the standard IS-LM model, an increase in Government spending (G) without changing taxes has
Which of the following functions has a degree of homogeneity not equal to unity?