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A traveler has to pass tests of increasing difficulty to meet an Eastern mystical master. For the first test, he meets a pair of twins at a fork in the road: one path leads to the jungle, the other to the mystic. One of the twins always says the truth, the other always lies. What yes/no question should you ask one of the twins to determine the path that goes to the mystic? For the second test, the traveler encounters a second fork in the road. Again, one path leads to the jungle, the other to the mystic. This time, there are three look-alike brothers: one always tells the truth, the second always lies but the third sometimes tells the truth and sometimes lies. What two Yes/No questions should the traveler ask two of the brothers to determine the path to the mystic? Each question is answered by only the brother it is posed to. For the second question, the traveler may choose the brother and the question depending upon the answer to the first question.
This document contains various important questions and their appropriate answers in the subject field of Economics.
Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.
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