What is gross domestic product per capita, Q. What is Gross Domestic Produc...

Q. What is Gross Domestic Product Per Capita? Gross Domestic Product, Per Capita: Level of GDP divided by the population of a region or country. Changes in real GDP per capita

There is in substitute for a insulin, Commodities that are viewed as luxuri...

Commodities that are viewed as luxuries typically have price elastic demand, and commodities that are requirements have price inelastic demand.  There is easily no substitute for a

Seaports and airports - transport infrastructure, Seaports and Airports: ...

Seaports and Airports: Seaports India has 12 major ports and about 185 minor ports over its coastline spread over 7,000 kms. Major ports are managed by the Central Government

Special drawing rights - imf, Special Drawing Rights: The late 1960s w...

Special Drawing Rights: The late 1960s witnessed that the growth in world resources did not keep pace with the growth in international trade. The slackness in the growth of re

#title•The price of a laptop increases by 20% and there is a,

Define the adoption of economic institutional arrangement, Define the adopt...

Define the adoption of economic institutional arrangement in analytical frameworks. Adoption of Economic Institutional Arrangement: The third step for studying an economi

Supply and demand, #how do you draw a demand curve on excel

#how do you draw a demand curve on excel

Collateral constraint of a consumer, Suppose that there is a credit market ...

Suppose that there is a credit market imperfection because of limited commitment. As in the setup with collateralized wealth, each consumer has a component of wealth which has valu

Cost function, Costs: If raw materials, machines and other things require...

Costs: If raw materials, machines and other things required for production could be made available freely then the study of the theory of the production and indeed, the study of

Explain about banking cycle, Q. Explain about Banking Cycle? An economi...

Q. Explain about Banking Cycle? An economic cycle that results from cyclical changes in the attitudes of banks toward lending risk. When economic times are good, bankers become