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Q. What do you mean by Bond?
Bond: A financial security that represents promise of its issuer (generally a company or a government) to repay a loan over a specified time period, at a specified rate of interest. Bond can then be bought and sold to other investors, over and over again. When rate of interest falls, bond prices rise (and vice versa) - Because when interest rates are lower, bond's promise to repay interest at specified fixed rate becomes more valuable.
Laspeyres index The Laspeyres index tells us that: - The amount of money at present year prices which an individual requires to purchase bundle of goods and services which w
The drawbacks of a mixed economy actually depend on how "mixed" it is. For instance, if it is mixed more towards a free-market, there is little regulation (some may see this as a g
Suppose the price elasticity of demand for extra dark chocolate truffles is -6. Hold other things constant , if price for Extra Dark Chocolate truffles is decrease by 3%, what wil
how do minimum units cost change with changes in fixed cost
Inflation is defined as
In June 2009, Textile co. (a domestically located firm) purchased 1000 yards of cloth from India (a foreign country) for $1000. Textile co. hired Elizabeth and paid her $5000 to s
The minimum wage was increased in 1996 amid cries by various economists that it would cause unemployment. Critics shown that the last time the minimum wage went up the si
MRTS and Marginal Productivity The change in output from change in labor equals: The change in output from change in capital equals
characteristics and models of oligopoly by Sweezy,cournot and edgework
Q. Strength of the multiplier in microeconomics? Multiplier: An initial stimulus to spending (in form of new consumer, business or government purchases) generally results in a
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