project
Include graphs and should be 15 pages long
If $9 is required to buy £2, what is the exchange rate for USA dollar? Answer: £1 = 9/2 = $4.5, i.e., £1 = $4.5.
Why change in stock is considered a portion of final expenditure? Answer: The Unsold stocks left with producers are supposed as purchased by the producers themselve
Describe why businessmen mostly wish to open current account in bank?
The market system's answer to the fundamental question "How will the system promote progress?" is essentially:
Economic growth is measured by the rate of increase in national output, GDP. The output depends on inputs -labour, capital technology etc. the theories of economic growth bring out how and to what extent each input or factor contributes to the g
DISCUSS the experience of high GNP countries and low GNP with regard to PQLI.
Net revenue for Macho Man fake mustaches increases after the price raised from $5 to $7, pointing that demand faced by Macho Man was: (i) Relatively elastic. (ii) Relatively inelastic. (iii) Unitarily elastic. (iv) Perfectly inelastic. (v) Perfectly e
Describe when there will be a shortage of the good?
Explain the concept of “economies of scale” and “increasing returns”.
Explain the statement "Hypothes is the basic short run and long run behaviors of the airline industry in a market economy".
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