Statement :
All balls are pencils.
All keys are balls.
Conclusion:
I. At least some pencils are keys.
II. All pencils are balls.
All keys are balls (A) + All balls are pencils (A) → All keys are pencils (A) ) → Conversion → Some pencils are keys (I). Hence conclusion I follows. All balls are pencils (A) → Conversion → Some pencils are balls (I). Hence conclusion II does not follows.
Which of the following statements about graphs of short-run cost curves is false?
Which of the following conditions is not necessary for ordinary least squares to be the best unbiased linear estimator (BLUE)?
Which of the following demand functions has unitary elasticity everywhere?
The primary deficit in a government budget will be zero, when _______
A firm should increase investment when :
By _____________ economists refer to an unanticipated inflation that reduces the real value of outstanding government debt.
For any given price, a firm in a competitive market will maximize profit by selecting the level of output at which price intersects the
The Mundell-Fleming framework studies (A) _____ , (B) _________ economies in a world with (C) _____ financial markets and (D) _____ capital mobility
...Given the following data for a country:
Fiscal deficit: $50 billion
Interest payments: $15 billion
Capital expenditure: $25 bi...
Which of the following is not an instrument of Monetary Policy?