Who explained micro and macro economics
Who explained micro and macro economics?
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Paul Samuelson ‘mathematized’ both micro and macro economics.
Balance of payment Accounts: It is the systematic record of all economic transactions among the residents of a country and rest of the world in a specified period (1-year) of time.
‘Can foreign exchange markets be analyzed in similar manner as the markets for ordinary physical commodities? Do demand slope downwards and supply slope upwards for currencies?’
Balance of payment: It is a systematic record of each and every economic transaction of a country with the rest of world in an accounting year.
Who was 1970 Nobel Laureate in Economics?
State which kind of exchange rate has no official intervention in foreign exchange market? How it is recognized?
I have a problem in economics on Economic Growth. Please help me in the following question. Technological progress and resource reduction tend to join and hence a society’s curve of production possibilities experiences: (1) Expanded capacity. (2
Explain all the approaches of Paul Samuelson.
Components of capital account of balance of payment: A) Borrowing and lending to and from abroad.B) Change in foreign exchange reserves C) Investment to and from abroad.
Deficit in balance of trade point: Deficit in balance of trade points out that the imports of good are bigger than exports.
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