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What is the difference between 'Capital' and 'Capital value'?
"The total amount of money or other resources owned or used to obtain future income or benefits." On the other hand, 'Capital value' is the present value of a capital good. For instance, a car is a capital and the price of the car is its capital value.
what is diversification
Two firms, A and B, are planning to bid for a contract of Motorway extension in Mauritius. Suppose: (1) firm B is a newly established company and has already incurred a st
effect of tariffs on national income and employment
Fiat money is what is regular in modern economic systems. Fiat money is money that is described as legal tender by either a government or some organization with the authority to e
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to prepared a projects
TREND AND STRUCTURE OF INCOME: Each sector of the economy employs natural, human and material resources and contributes to the aggregate flow of goods and services during a gi
characteristics of microeconomics
International Monetary Fund: The International Monetary Fund (IMF), the World Bank and the International Trade Organisation were conceived at the Brettonwoods Conference in Ju
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