Define induced investment
Induced investment: It is a type of investment that is of profit motive in nature.
State the two sources of demand of foreign exchange: Import of services and goods and to acquire education in abroad.
market structure and price-output determination
what are the techniques of balance of payment?
In a completely employed economy, the higher the yield of capital goods, and the bigger its: (1) Present living standards. (2) Present output of consumer goods. (3) Growth of capacity for the future production. (4) Rates of inflation and unemployment.
In which account of balance of payment tourism services to tourist are involved? Answer: Tourism services to tourist are comprised in current account of Balance of
Which transactions find out the balance of trade? When the balance of trade is in surplus?
distinguish between autonomous transactions and accommodating transactions under balance of payments
The U.S. economy is an instance of a system characterized by: (1) Mixture of different aspects of various economic systems. (2) Strictly decentralized the decision making process. (3) Centralized ownership of resources. (4) Political decisions regarding all allocative
State which kind of exchange rate has no official intervention in foreign exchange market? How it is recognized?
Define foreign exchange: It is the currency other than domestic currency.
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