Wars that have an impact on Global Economies
The professor wants to narrow it down to one or two wars that have affect global economies.
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
When Balance of payment of a country is Rs (-) 100 crores and total payment are Rs 500 crores. Determine its total receipts.
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.
Who was 1970 Nobel Laureate in Economics?
Let us suppose that US gasoline market has the demand and supply curvesQd = 10 – 0.5PdQs = -2 + Ps when Ps ≥ 2 and Qs = 0 if Ps < 2, Q : Current account of Indias Balance of State the items that are not involved in the current account of India’s Balance of payment. Answer: The capital transactions is in the form of direct and portf
State the items that are not involved in the current account of India’s Balance of payment. Answer: The capital transactions is in the form of direct and portf
Who explained micro and macro economics?
The balance of payment account (BOP) account is the statement of each and every economic transaction which takes place between a nation and rest of the world throughout a particular period. BOP account generally comprises of (a) Current account and (b
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.
State the two sources of demand of foreign exchange: Import of services and goods and to acquire education in abroad.
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