indian economic
what are the key callenges to indian economic development
Calculate the value of imports, if the net imports are of Rs 160 crores and the value of exports are of Rs 400 crores.
market structure and price-output determination
Why foreign currency or exchange is required? Answer: a) To buy services and goods from other countries. b) To send a gift abroad. c) To buy financial assets in a specific country and d) To contem
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
Balance of payments (BOP) always balances. Describe it. Answer: Balance of payments is for all time balanced. The negative balance on current account is equated wit
Deficit in balance of trade point: Deficit in balance of trade points out that the imports of good are bigger than exports.
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Who was responsible for setting the tone for following generations of economists?
The simple circular flow model of a private economy describes how income and resources flow among: (1) Households and business associations. (2) Corporations and government agencies. (3) Sole corporations and proprietorship (4) Business associations a
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