Define fixed exchange rate
Fixed exchange rate: It is the rate of exchange which is fixed by the Government in an economy.
5. What are the factors responsible for the recent surge in international portfolio investment?
Who explained micro and macro economics?
Managed floating exchange rate: This is a system in which the central bank or Government permits the exchange rate to identify market forces although they take decisions to intervene whenever they feel it suitable.
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.
Calculate the value of imports, if the net imports are of Rs 160 crores and the value of exports are of Rs 400 crores.
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
Deficit in balance of trade point: Deficit in balance of trade points out that the imports of good are bigger than exports.
Who was 1970 Nobel Laureate in Economics?
Which transactions find out the balance of trade? When the balance of trade is in surplus?
18,76,764
1929231 Asked
3,689
Active Tutors
1456933
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!