Calculating exchange rate for USA dollar
If $9 is required to buy £2, what is the exchange rate for USA dollar? Answer: £1 = 9/2 = $4.5, i.e., £1 = $4.5.
If $9 is required to buy £2, what is the exchange rate for USA dollar?
Answer: £1 = 9/2 = $4.5, i.e., £1 = $4.5.
Why is interest received classified as revenue receipt? Answer: Interest received is a revenue receipt since it does not build any liability nor it leads to the red
What is Demand schedule and how it is associated to demand curve?
What are the strength and weakness of using per capital national income? give explained answer for query
Government tax and transfer payments generally
Meaning of Fiscal policy:Fiscal policy is the set of decisions and principles of a government regarding the extent of public expenses and mode of financing them. It is about the attempt of g
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. (
WHAT ARE THE STRENGTH AND WEAKNESS OF THE THEORY OF FOREIGN DIRECT INVESTMENT
Explain the impact of changes in fiscal and monetary policies in curtailing inflation?
The Income effects will be most strongly positive for: (1) Normal goods. (2) Necessities. (3) Superior or luxury goods. (4) Substitutes and much negative for the complements. Find out the right answer from the above options.
Macroeconomic theory would be least related in analyzing the results of: (w) optional ways of funding deficits in international trade. (x) U.S. federal budget deficits. (y) consumer items purchased through middle-income families. (z) deficit spending through the United Nations.
18,76,764
1955072 Asked
3,689
Active Tutors
1419709
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!