All apples are orange (A) + All orange are banana (A) → All apples are banana (A). Hence conclusion I follows. All apples are orange (A) + All orange are banana (A) → All apples are banana (A) → Conversion → Some banana are apples (I). Hence conclusion II follows.
The dummy variable trap occurs when
As per the regression data available: Wage = 11 + 0.24age - 0.23Illiterate + 0.14Married - 0.27Married*Illiterate, where the variables are self-...
Suppose nominal GDP equals 1,000 units and money supply equals 250 units. Based on the quantity theory of money, the velocity of money equals.
How much additional financing did the World Bank approve to support India’s low carbon transition?
Which school of economic thought suggested that one possible cause of inflation was a ‘push’ from the cost side?
The subsidies that are trade distorting comes under which box of WTO?
Which of the following best explains why the J-curve effect occurs?
An employee has a basic pay of Rs. 12000 and a D.A. of 12% in 1997. If the employee should get a 5% rise in real income each year, what should be the DA...
Commodity X and Y have an equal price elasticity of supply. The supply of X rises from 400 units to 500 units due to a 20 percent rise in its price. Cal...
Use the below table and choose the correct option