Define induced investment
Induced investment: It is a type of investment that is of profit motive in nature.
Assume that El Salvador can generate coffee at lower opportunity costs than Spain, whereas Spain can generate olive oil at lower opportunity costs than El Salvador. The citizens of both countries can potentially profit from international trade since of the efficiency
Who won the Nobel Prize for Economics in 1997?
The practice considers the Treasury’s elucidation of the consequence on macroeconomic adjustment of joining the euro.
Managed floating rate system: This is a system in which foreign exchange rate is found out by market forces and central bank is a key contributor to stabilize the currency in condition of tremendous appreciation or depreciation.
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.
Who was responsible for setting the tone for following generations of economists?
The professor wants to narrow it down to one or two wars that have affect global economies.
distinguish between autonomous transactions and accommodating transactions under balance of payments
what are the techniques of balance of payment?
Who explained micro and macro economics?
18,76,764
1959703 Asked
3,689
Active Tutors
1424922
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!