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?
‘Must a country which is less proficient at generating all goods use import controls to decrease imports from additional countries?’
(a) Do you think that macroeconomic policy should be designed to achieve a measured unemployment rate of zero?
Briefly explain the four supply factors in economic growth?
Illustrations of macroeconomic aggregates would NOT consist of the: (1) tax responsibilities of a family. (2) unemployment rate. (3) level of national income. (4) supply of money. (5) rate of inflation. Can someone
What is the base of categorizing receipts into revenue and capital receipts?
What is the relationship among interest rate and bond prices? Is there any difference among T-Bills versus Corporate bonds in reaching your assessment? Whenever the stock market falls, where do you assume that most investor place their money and why?<
Equilibrium quantity: It is the quantity supplied and the quantity demanded at equilibrium price.
Definition of equilibrium price: It is the price which balances quantity demanded and quantity supplied. The equilibrium price is frequently termed as the "market-clearing" price since both buyers and sellers are p
Write a brief note on plan and non-plan expenditure of the government with illustration. Answer: Plan Expenditure
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