Determining bank problem
Which of the given is a bank? a) Post office saving banks (b) LIC (c) UTI (d) IDBI.
Expert
Post office saving banks is not bank in the logic that even though they accept deposits from public however do not advance loans to the others.
LIC, UTI and IDBI are also not banks in the logic that even though they do not accept chequeable deposits however advance loans to others.
Equilibrium quantity: It is the quantity supplied and the quantity demanded at equilibrium price.
Question: Some commentators have argued that the failure of the "Supercommittee" is good thing for the economy? Do you argree? Answer: Q : Balance of trade IN which situation, IN which situation, there is a deficit in the balance of trade.
IN which situation, there is a deficit in the balance of trade.
The transfer of wealth from developed countries to oil exporting countries (abbreviated as OPEC) which followed sky-rocketing oil prices in the year 1970s points out that the price elasticity of demand for oil was: (i) Unitary. (ii) Relatively high. (
Gross domestic capital formation is always greater than gross fixed capital formation
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Define the "full-employment" or "natural" rate of unemployment and give its approximate percentage rate as economists currently define it.
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Devaluation means decrease in the external value of a country’s currency as an aware policy measure adopted by the Government of a country. In another words, we make our currency less costly in terms of foreign currency. This builds our goods ch
‘What occurs in the money market when there is a raise in income?’
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