Define foreign exchange
Define foreign exchange: It is the currency other than domestic currency.
safeguard against the crisis of confidence in system explain
market structure and price-output determination
Who won the Nobel Prize for Economics in 1997?
Induced investment: It is a type of investment that is of profit motive in nature.
what are the key callenges to indian economic development
Who rediscovered Bachelier’s thesis?
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 was 1970 Nobel Laureate in Economics?
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.
If exchange rate of foreign currency downs or falls, its demand rises. Describe how? Answer: If exchange rate falls, an import become cheaper, demand for imports in
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