Which of the following is an implication of the Solow Growth Model regarding long-term economic growth?
A consumer purchases x1 = 40, x2 = 20 at the prices p1 = 4 and p2 = 12. He is also observed to purchase x1 = 36 and x2 = 8 at the prices p1 = 6 and p2 =...
For a positively sloped LM curve, which of the following statements is CORRECT?
If r xy = 0, then:
For a monopoly firm the demand curve is Q=20-2P. For the profit maximizing quantity of 8 units, the mark up of the firm is
Which of the following steps can be taken to reduce current account deficit in India?
1. Setting the import quota limits
2. reducing expor...
What will be the Balance of Payment in the above table?
What is the elasticity of income in the case of Giffen goods?
Given that 3x-2y+297 = 0. SD(X) / SD(Y) = 4/3 Find r?
The lines of regression of a bivariate population are:
3x-4y=10 and 5y-9x=15. Calculate the correlation coefficient in ...