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.
Implication of Fiscal deficit A) It raise the supply of money in the economyB) It rises financial burden for future generation.C) It is the cause of inflation.
What must be added to NNPMP to obtain net national disposable income? Answer: The Net current transfers from abroad must be added to NNPMP to get national disposabl
How does the FED utilize the bond market to make and destroy money? Which technique do developed countries utilize to decrease the chance of experiencing inflation? What about the Banana Republicans and inflation, do they have this means acessible to
What does fiscal deficit in government budget mean? Answer: This means more borrowing on the portion of government.
How can Equilibrium of a market be exist?
The equilibrium interest rate is determined
The market system's answer to the fundamental question "How will the system promote progress?" is essentially:
A change in tax rate changes the IS equation, LM equation remaining the same. Let same, let us suppose that the government raises the tax rate from 20 percent to 25 percent<
Substitutes: The two goods for which a rise in the price of one good leads to a rise in the demand for another.
Tom reimburses $5.00 for a ticket to see a present hit movie. If Tom was willing to reimburse up to $7.00 for that ticket, his consumer surplus equals: (1) $5.00 (2) $2.00 (3) $7.00 (4) Tom does not receive any consumer surplus as he purchased the ticket.
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