Define Invisible items, Invisible items : All kinds of services that are rendered to or

Define Invisible items

Invisible items: All kinds of services that are rendered to or obtained from abroad are termed as invisible items. Such are invisible as these are not made up of any matter or material. The record of such items is not obtainable with the ports. Illustrations: Transport services, Insurance and banking schemes.

View Complete Question

Related Questions in Microeconomics

Q : Price elasticity coefficient at

Every point beside a vertical demand curve (when there was such a thing) would include a price elasticity coefficient equivalent to: (1) 1. (2) 1. (3) zero. (4) infinity. (5) 1/2. Hey friends please giv

Q : Problem relating to supply curve Can

Can someone help me in finding out the right answer from the given options. The supply curve reveals the highest: (i) Stock on hand in inventory. (ii) Gains a firm makes by selling varying quantity of a good. (iii) Quantity of a good which sellers will offer at differ

Q : Minimum wage laws for unskilled and

The capability of unskilled workers to compete against skilled workers for jobs tends to be decreased by: (1) progressive income taxes. (2) laws which impose excessive legal minimum wages. (3) speculation and arbitrage. (d) inflationary balance of trade deficits. (5)

Q : Prices of output and economic profit in

for a purely-competitive decreasing-cost industry in a short run equilibrium in that typical firms temporarily produce economic profits, and the average total costs a typical firm incurs are positively associated to t

Q : Prevent operating in long run by

A monopolist will prevent operating within the long run unless its economic profit is: (i) zero. (ii) positive. (iii) greater than accounting profit. (iv) zero or greater. (v) zero or less. I need a good answer on

Q : Goods produced and sold in the US Who

Who decides what goods services will be produced and were sold in the US?

Q : Monopsony Power and the Demand for Labor

Can someone help me in finding out the right answer from the given options. The labor monopsonist will hire labor up to a point where marginal: (1) Revenue product of the labor equivalents the wage. (2) Resource cost of labor equivalents the wage. (3) Revenue product

Discover Q & A

Leading Solution Library

Avail More Than 1458365 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1928987
Asked

3,689

Active Tutors

1458365

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment