Define flexible exchange rate
Flexible exchange rate: The rate of exchange in terms of other currencies is determined by market forces of demand-supply.
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Induced investment: It is a type of investment that is of profit motive in nature.
Who explained micro and macro economics?
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State the items that are not involved in the current account of India’s Balance of payment. Answer: The capital transactions is in the form of direct and portf
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State the two sources of demand of foreign exchange: Import of services and goods and to acquire education in abroad.
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