Get Started with ixamBee
Start learning 50% faster. Sign in now
The correct answer is B
Given the following data for an economy:
National Income: $700 billion
Depreciation: $50 billion
Indirect taxes minus subsidie...
Consider KRK’s demand function for cigarettes for as Q= .02m- 2p where m is his income and p is the price. KRK’s income is Rs.7500 and the price o...
What is the output elasticity of labour in the following production function?
Q = 10L0.5K0.5
Under nominal wage rigidity, the short run aggregate supply schedule will be
The credit manager at a Departmental store collects data on 100 of her customers. Of the 60 men, 40 have credit cards (C). Of the 40 women, 30...
In the Lewis model, what will cause an expansion in modern sector employment?
Short-run returns to fixed supply of factor of production are known as
At point A, inflation is equal to the underlying rate of inflation and output is at the level of output consistent with the equilibrium unemployment ra...
The substitution effect for a commodity is
Consider the following:
Assertion (A): According to Peacock-Wiseman hypothesis, public expenditure increases overtime in a step-by-step manner.
