Given the production function \(f(tx_1, tx_2) > t \cdot f(x_1, x_2)\), what it exhibit:

Marginal product (MP) and the average product (AP) curves are inverse 'U'-shaped. which of the following is correct for AP and MP.

Arrange the following statements related to money multiplier process in correct sequence. (A) The bank has Rs 140 as deposits. (B) The bank has Rs 80 to lend. (C) A bank has a initial deposits of Rs 100 and needs to keep reserves as 20 per cent. (D) The bank lends 50% of lending…

Aggregate demand for final goods consists which of the following? (A) Ex-ante consumption. (B) Ex-ante Investment. (C) Government spending. (D) Effective demand. Choose the correct answer from the options given below:

Fiscal Responsibility and Budget Management Act (FRBMA) was framed in which year.

Arrange the following in correct sequence for calculating National Income. (A) Add Net Factor income from aboard. (B) Deduct value of Intermediate Goods. (C) Calculate the value of output. (D) Deduct Depreciation and NIT. Choose the correct answer from the options given below:

Let us say a firm produces Rs 100 worth of goods per year, Rs 20 is the value of intermediate goods used by it during the year and Rs 10 is the value of capital consumption. Calculate the Gross value added.

List-I | List-II (A) \(GDP_{MP}\) | (I) \(NNP_{FC}\) + NIT (B) \(GDP_{FC}\) | (II) \(NNP_{MP}\) - NIT (C) \(NNP_{MP}\) | (III) \(GDP_{FC}\) + NIT (D) \(NNP_{FC}\) | (IV) \(GDP_{MP}\) - NIT Choose the correct answer from the options given below:

Arrange the following in correct sequence, to correct the problem of mismatch between supply and demand forces: (A) There is excess demand in the market. (B) All other things remain the same as price rises, quantity demanded falls and quantity supplied increases. (C) Some consume…