Who rediscovered Bachelier’s thesis
Who rediscovered Bachelier’s thesis?
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Paul Samuelson was one who rediscovered Bachelier’s thesis and laid the foundations for later alternative pricing theories.
Who explained micro and macro economics?
Who was responsible for setting the tone for following generations of economists?
The professor wants to narrow it down to one or two wars that have affect global economies.
The U.S. economy is an instance of a system characterized by: (1) Mixture of different aspects of various economic systems. (2) Strictly decentralized the decision making process. (3) Centralized ownership of resources. (4) Political decisions regarding all allocative
Flexible exchange rate: The rate of exchange in terms of other currencies is determined by market forces of demand-supply.
I NEED TO UNDERSTAND MORE ABOUT International product life cycle
State the two sources of demand of foreign exchange: Import of services and goods and to acquire education in abroad.
Balance of payments (BOP) always balances. Describe it. Answer: Balance of payments is for all time balanced. The negative balance on current account is equated wit
Describe the meaning of deficit in BOP: Whenever autonomous foreign exchange payments surpass autonomous foreign exchange receipts, the difference is termed as balance of payments deficit.
Who won the Nobel Prize for Economics in 1997?
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