FX Rates & The Balance of Payments
The Financial Account captures international fund flows due to
The usual household maximizes the utility by spending all its money to purchase and consume a combination of goods which yields: (1) Fundamental physiological requirements and customary wants. (2) Maximum status and the social prestige. (3) Complete satisfaction of al
Analyze at least 3 possible regions for the industry which could lead to transaction costs, explaining each in detail.
People in whole the world confront the difficulty of scarcity at always because: (i) restricted resources and times preclude producing all the goods people need. (ii) greedy capitalist monopolies charge excessively high prices. (iii) international mar
What is another name of macroeconomics? Answer: Income theory
Law of supply: It is the claim which, other things equivalent, the quantity supplied of a good increases whenever the price of the good increases.
Substitutes: The two goods for which a rise in the price of one good leads to a rise in the demand for another.
What do you mean by the term Competitive market?
When cost of a foreign currency increases its supply too increases. Elucidate why?
Why is interest received classified as revenue receipt? Answer: Interest received is a revenue receipt since it does not build any liability nor it leads to the red
Fiscal policy measures used for achieving full-employment level of output and price include increase in the government expenditure and cut in tax rates. A cut in tax rates eliminates only the adverse effect of high tax rates, whereas an increase in government expendit
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