FX rates
In June 2005, a Big Mac sold for 6,000 pesos in Colombia and $3.00 in the United States. The exchange rate in June 2005 was 2,300 pesos per dollar. So, on Big Mac purchasing power parity grounds the Colombian peso was
How can Equilibrium of a market be exist?
planned investment. planned saving. the difference between planned saving and actual saving. the difference between planned investment and actual saving.
What is the basic difference between Market Supply and Individual Supply?
Government tax and transfer payments generally
I have a problem in economics on Paradox of Value problem. Please help me in the following question. The Diamond Water Paradox occurs from the difficulties in differentiating between: (i) Consumer surplus and the total utility. (ii) Total utility and
Define the "full-employment" or "natural" rate of unemployment and give its approximate percentage rate as economists currently define it.
Write a brief note on plan and non-plan expenditure of the government with illustration. Answer: Plan Expenditure
Gross domestic capital formation is always greater than gross fixed capital formation
Hello guys I need your advice. Please advise your view for following economics problems. Microeconomic goals consist of: (w) full employment. (x) efficient allotments of resources. (y) price level stability. (z) ec
A country’s balance of trade is Rs. 75 crores. The value of imports of goods is Rs. 100 crores. What is the value of exports of goods?
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