Questions

1. US Navy commissioned world’s largest aircraft carrier, USS Gerald R Ford into the fleet. The commissioning ceremony was held at Naval Station Norfolk, Virginia in presence of US President Donald Trump.

2. USS Gerald R. Ford is the first ship in this new class of nuclear-powered aircraft carriers for the U.S. Navy. The ship is named after the 38th President of the United States Gerald Ford and has been built by Newport News Ship Building Company. The massive 1,106-foot-long carrier is powered by two new generation nuclear reactors.

Tablespoon > Teaspoon

In US & UK, 1 Tablespoon = 3 Teaspoons.

Income easticity of demand measures the responsiveness of demand for any goods to changes in income. With increase in incomes generally the demand for farm products like rice wheat etc, will not change drastically. With income increase, demand for luxuries such as consumer durables etc will increase. The income elasticity  of demand for farm products is thus low.