Who rediscovered Bachelier’s thesis
Who rediscovered Bachelier’s thesis?
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Paul Samuelson was one who rediscovered Bachelier’s thesis and laid the foundations for later alternative pricing theories.
Autonomous or public investment: It is a type of investment that is not of profit motivated.
Describe the two sources of supply of foreign exchange: The two sources of supply of foreign exchange are: Exports and foreign tourism.
Balance of payment Accounts: It is the systematic record of all economic transactions among the residents of a country and rest of the world in a specified period (1-year) of time.
Induced investment: It is a type of investment that is of profit motive in nature.
suppose that an investor has an extra cash reserve of $1000000 to invest for one year. annually rate is 10%
Components of capital account of balance of payment: A) Borrowing and lending to and from abroad.B) Change in foreign exchange reserves C) Investment to and from abroad.
Foreign exchange rate: The Foreign exchange rate is a price of foreign currency in terms of domestic currency.
I NEED TO UNDERSTAND MORE ABOUT PRODUCTION POSSIBILITY FRONTIER
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
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