Describe the meaning of deficit in BOP
Describe the meaning of deficit in BOP: Whenever autonomous foreign exchange payments surpass autonomous foreign exchange receipts, the difference is termed as balance of payments deficit.
Differentiate among current account and capital account of balance of payment account. State any two transactions of capital account. Answer: Q : Setting tone for subsequent generations Who was responsible for setting the tone for following generations of economists?
Who was responsible for setting the tone for following generations of economists?
suppose that an investor has an extra cash reserve of $1000000 to invest for one year. annually rate is 10%
Explain all the approaches of Paul Samuelson.
Who explained micro and macro economics?
Define foreign exchange: It is the currency other than domestic currency.
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.
Components of current account of BOP account: (A) Import-Export of goods(B) Import-Export of services(C) Unilateral transfers
what are the key callenges to indian economic development
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