Calculating exchange rate for USA dollar
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.
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.
If the MPC is .70 and investment increases by $3 billion, the equilibrium GDP will:
(a) Do you think that macroeconomic policy should be designed to achieve a measured unemployment rate of zero?
I have a problem in economics on Expanding consumption of a good. Please help me in the following question. Your consumption of a good tends to expand if it’s: (i) Relative marginal utility surpasses its relative price. (ii) Total utility is les
Define bank rate policy? How does it operate as a technique of credit control? Answer: Bank rate is the rate at which the central bank provides loans to the commerc
A flat rate income tax for all levels of income along with no exceptions would be taken as a: (i) proportional tax. (ii) progressive tax. (iii) regressive tax. (iv) common tax. Can anybody suggest me the proper exp
What is the difference between profit and producer surplus?
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
Write a brief note on plan and non-plan expenditure of the government with illustration. Answer: Plan Expenditure
Explain in short the income approach to evaluate national income. Answer: Under income method to compute the National Income, the steps given below have been taken into account: A) First of all production units tha
DISCUSS the experience of high GNP countries and low GNP with regard to PQLI.
18,76,764
1960748 Asked
3,689
Active Tutors
1459884
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!