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.
I have a problem in economics on Economic Growth. Please help me in the following question. Technological progress and resource reduction tend to join and hence a society’s curve of production possibilities experiences: (1) Expanded capacity. (2
Who explained micro and macro economics?
Deficit in balance of trade point: Deficit in balance of trade points out that the imports of good are bigger than exports.
I NEED TO UNDERSTAND MORE ABOUT PRODUCTION POSSIBILITY FRONTIER
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.
Differentiate among current account and capital account of balance of payment account. State any two transactions of capital account. Answer: Q : Circular flow model In simple circular In simple circular flow model, the only entities which finally consume goods, own resources, pay taxes or bear the loads of inflation, experience joy, or suffer pain, are as: (i) corporations. (ii) Households. (iii) Government agencies. (iv) Business
In simple circular flow model, the only entities which finally consume goods, own resources, pay taxes or bear the loads of inflation, experience joy, or suffer pain, are as: (i) corporations. (ii) Households. (iii) Government agencies. (iv) Business
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
Flexible exchange rate: The rate of exchange in terms of other currencies is determined by market forces of demand-supply.
‘The pound has enhanced today on the foreign exchange market’ is a general media comment whenever the pound sterling appreciates. When the pound appreciates is it always excellent news for business and the economy?’
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