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Transactions that take place to cover deficit or surplus are called _________ transactions.
(i) Accommodating first option is correct.
(i) Accommodating first option is correct.
See lessWhat do you mean by foreign exchange rate?
The price of one currency in terms of other currency is known as foreign exchange rate. It is the rate at which one unit of a foreign currency is exchanged for domestic currency. It indicates external value (purchasing power) of a currency in terms of other currencies. In other words, it is the pricRead more
The price of one currency in terms of other currency is known as foreign exchange rate. It is the rate at which one unit of a foreign currency is exchanged for domestic currency. It indicates external value (purchasing power) of a currency in terms of other currencies. In other words, it is the price in domestic currency to obtain one unit of foreign currency.
For instance – 1 US Dollar values 74 INR.
See lessWhat does price elasticity of supply measure or quantify?
Price elasticity of supply measure the responsiveness of quantity supplied of a commodity to change in its own price. This questions answer is given in NCERT Solutions for class 9 Economics PDF book in the website.
Price elasticity of supply measure the responsiveness of quantity supplied of a commodity to change in its own price.
See lessThis questions answer is given in NCERT Solutions for class 9 Economics PDF book in the website.
Price determination of a commodity is subject matter if macroeconomics.
Incorrect! Because price determination of a commodity or factor is a subject matter of microeconomics.
Incorrect! Because price determination of a commodity or factor is a subject matter of microeconomics.
See lessHow to download NCERT Solutions for Class 3 Maths in PDF?
Aradhya you can locate the class wise and subject wise answers. Go to home page and there you will find filters. Or else you can visit this link : - https://www.tiwariacademy.com/ncert-solutions/class-3/maths/
Aradhya you can locate the class wise and subject wise answers. Go to home page and there you will find filters.
Or else you can visit this link : –
https://www.tiwariacademy.com/ncert-solutions/class-3/maths/
See lessWhat is Final expenditure and Intermediate expenditure?
The distinction between final expenditure and intermediate expenditure depends upon the nature of demand. Final expenditure is the expenditure made on purchase of goods and services meant for final consumption (consumed by us) and capital formation (investment) by private enterprise or company. GoveRead more
The distinction between final expenditure and intermediate expenditure depends upon the nature of demand. Final expenditure is the expenditure made on purchase of goods and services meant for final consumption (consumed by us) and capital formation (investment) by private enterprise or company.
See lessGovernment intermediate expenditure is the expenditure made by a firm on purchase of goods and services to be used in production of other goods or for sale in the same year. Similarly expenditure on repair and maintenance of stock/ buildings and on research and development is treated as intermediate expenditure.
A short Description about Fiat Money?
Legal Tender or Fiat Money is any money backed by the order of the government (Fiat) to act as money. People have to accept it in exchange for goods and services and in discharge of debt as the government has ordered it to be money. It circulates in the country on order of the government. Fiat moneyRead more
Legal Tender or Fiat Money is any money backed by the order of the government (Fiat) to act as money. People have to accept it in exchange for goods and services and in discharge of debt as the government has ordered it to be money. It circulates in the country on order of the government.
Fiat money is generally created and issued by the government at the time of crisses like war or emergency.
It is not backed by gold so this type of money cannot be convert into anything else. Fiat money and fiduciary money are two different things.
See lessWhat is non – plan Expenditure?
Non – plan expenditure refers to the expenditure of the government incurred on routine functioning of the government irrespective of planning or non-planning. For example – expenditure on military, police normal running of government departments.
Non – plan expenditure refers to the expenditure of the government incurred on routine functioning of the government irrespective of planning or non-planning. For example – expenditure on military, police normal running of government departments.
See lessHow efficiency may increase if two firms merge?
It happens when one firm is not efficient, say, because of its obsolete technology. Whereas the other firm is inefficient, say, Because of its poor managerial skill. If both the firms merge, themselves, efficiency will increase in the form of lower cost as it will collectively make use of better tecRead more
It happens when one firm is not efficient, say, because of its obsolete technology. Whereas the other firm is inefficient, say, Because of its poor managerial skill. If both the firms merge, themselves, efficiency will increase in the form of lower cost as it will collectively make use of better technology and better managerial skill.
See lessWhich of the following is correct?
This Third option is correct one. (iii) MC curve cuts AVC at its minimum point
This Third option is correct one.
(iii) MC curve cuts AVC at its minimum point
See less