Problem on value of imports
The balance of trade demonstrates a deficit of Rs 300 crore. The values of exports are Rs 500 crore. Determine the value of imports? Answer: As Balance of trade = Export - Import 300 = 500 - Import Import = 300 + 500 = 800 crore
The balance of trade demonstrates a deficit of Rs 300 crore. The values of exports are Rs 500 crore. Determine the value of imports?
Answer:
As Balance of trade = Export - Import 300 = 500 - Import Import = 300 + 500 = 800 crore
In poor countries people spend a big percentage of their income so that APC and MPC are high. Yet, the value of multiplier is low. Explain why?
Which of the following lists includes only capital resources (and ther Which of the following lists includes only capital resources (and therefore no labor or land resources)?
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What do you mean by the term Competitive market?
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