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.
I have a problem with the satement “Things will look excellent for the US if we could just get to where we are consistently executing a positive Balance of Payments.” Can someone in short comment on this statement?
Flexible exchange rate: The rate of exchange in terms of other currencies is determined by market forces of demand-supply.
Foreign exchange rate: The Foreign exchange rate is a price of foreign currency in terms of domestic currency.
what are the techniques of balance of payment?
Supply of foreign exchange: (A) By exports of services and goods(B) Direct foreign investment in residence country(C) For approximate purchases by non-residents in the home country(D) Remittances
what are the key callenges to indian economic development
Autonomous or public investment: It is a type of investment that is not of profit motivated.
Explain all the approaches of Paul Samuelson.
Who won the Nobel Prize for Economics in 1997?
The professor wants to narrow it down to one or two wars that have affect global economies.
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