What is known as Fixed Capital?
Show Hint
- Land and other natural resources
- Tools, machines and buildings
- Raw material and money in hand
- Educated/uneducated workers
The Correct Option is B
Solution and Explanation
Top Questions on Economics
- Unequality in India is due to:
Consider the following Harrod-Domar growth equation: \[ \frac{s}{\theta} = g + \delta \] where \( s \) is the saving rate, \( \theta \) is the capital-output ratio, \( g \) is the overall growth rate, and \( \delta \) is the capital depreciation rate. If \( \delta = 0 \) and \( s = 20% \), then to achieve \( g = 10% \), the capital-output ratio will be ________ (in integer).
Let \( Y \) be income, \( r \) be the interest rate, \( G \) be government expenditure, and \( M_s \) be money supply. Consider the following closed economy IS-LM equations with a fixed general price level (\( \bar{P} \)):
IS equation: \[ Y = 490 + 0.6Y - 4r + G \] LM equation: \[ \frac{M_s}{\bar{P}} = 20 + 0.25Y - 10r \] If \( G = 330 \) and \( \frac{M_s}{\bar{P}} = 500 \), then the equilibrium \( Y \) is ________ (round off to one decimal place).- Consider a two-person exchange economy where two goods, \( x \) and \( y \), are available in limited quantities of 50 and 100, respectively. The preferences of the two persons, Anil and Binod, are given by the utility functions: \[ U_{{Anil}}(x_{{Anil}}, y_{{Anil}}) = x_{{Anil}}^{0.4} y_{{Anil}}^{0.6} \] \[ U_{{Binod}}(x_{{Binod}}, y_{{Binod}}) = x_{{Binod}}^{0.6} y_{{Binod}}^{0.4} \] If they decide to share good \( y \) equally among themselves, the amount of good \( x \) Anil receives is ______________ (in integer).
- Which of the following statements is/are NOT CORRECT?
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- In a certain code, O is written as E, A as C, M as I, P as N, and C as S. How will COMPA be written in that code?
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- P, Q, R, S, T, U, and V are sitting around a circular table facing the center. S is not a neighbor of R and T. P is the neighbor of Q and R. V, who is second to the left of S, is the neighbor of T and U. Which of the following is not true?
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Simplify the following expression: $ \frac{2^{n+5} - 4 \cdot 2^{n}}{2 \cdot (2^{n+4})} $.
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- Simplification
