techniques
what are the techniques of balance of payment?
‘Can foreign exchange markets be analyzed in similar manner as the markets for ordinary physical commodities? Do demand slope downwards and supply slope upwards for currencies?’
Assume that many people are willing and capable to pay greater than production costs for certain goods however pervasive shortages exist. International agreements or domestic laws and policy are most likely key factors if we consider sustained scarcities in ma
Describe which of the following is a visible and which is invisible item in Balance of payments. (a) Export of jute product (b) Software services exports. Answer: Q : Explain all the approaches of Paul Explain all the approaches of Paul Samuelson.
Explain all the approaches of Paul Samuelson.
Balance of payment: It is a systematic record of each and every economic transaction of a country with the rest of world in an accounting year.
Who was responsible for setting the tone for following generations of economists?
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
Who won the Nobel Prize for Economics in 1997?
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.
safeguard against the crisis of confidence in system explain
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