Calculating exchange rate
10 US dollars are exchanged for 500 Indian rupees. Calculate the exchange rate for Indian currency? Answer: $1 = 500/10 = Rs.50, that is, $1 = Rs. 50
10 US dollars are exchanged for 500 Indian rupees. Calculate the exchange rate for Indian currency?
Answer: $1 = 500/10 = Rs.50, that is, $1 = Rs. 50
Economic growth is generally defined as a sustained increase in per capital national output over a long period of time. It implies that for economic growth of a nation, the rate of increase in its total output must be greater than the rate of population growth. It ma
Whenever you dine at an “all-you-can-eat” buffet, the rational consumption prototype is to carry on eating till: (1) The restaurant goes bankrupt. (2) You have eaten as much food as it would encompass cost had you made your own meal at hom
When cost of a foreign currency increases its supply too increases. Elucidate why?
What does fiscal deficit in government budget mean? Answer: This means more borrowing on the portion of government.
Explain the main features of Harrod - Domar Growth model. How does the Harrod Domar model explain the occurrence of trade cycles?
Why the borrowings by Government are taken as capital receipts?
1) How can governments seek to control their national economies through fiscal and monetary policies?2) What are the causes of the fiscal deficits experienced by many developed nations in the past three years and what are the main effects
I help with part 2 and the 4 part question.
Inflation is frequently described as "too much money chasing too few goods." Is this a satisfactory definition?
Family member to macroeconomics, the microeconomic analysis: (w) was emphasized through economists prior to the Great Depression. (x) is related with the effects of extensive government policies. (y) focuses upon economic development
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