Purchasing Power Parity theory is related with (1) Interest rate (2) Bank rate (3) Wage rate (4) Exchange rate

Purchasing Power Parity theory is related with (1) Interest rate (2) Bank rate (3) Wage rate (4) Exchange rate
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Purchasing Power Parity theory is related with - (1) Interest rate (2) Bank rate (3) Wage rate (4) Exchange rate

Description : Purchasing Power Parity theory is related with - (1) Interest rate (2) Bank rate (3) Wage rate (4) Exchange rate

Last Answer : (4) Exchange rate Explanation: Purchasing power parity (PPP) is an economic theory and a technique used to determine the relative value of currencies, estimating the amount of adjustment needed on the ... that PPP rate, an amount of money thus has the same purchasing power in different countries.

Under flexible exchange rate system, the exchange rate is determined by - (1) the Central Bank of the country (2) the forces of demand and supply in the foreign exchange market (3) the price of gold (4) the purchasing power of currencies

Description : Under flexible exchange rate system, the exchange rate is determined by - (1) the Central Bank of the country (2) the forces of demand and supply in the foreign exchange market (3) the price of gold (4) the purchasing power of currencies

Last Answer : (2) the forces of demand and supply in the foreign exchange market Explanation: A floating exchange rate is a type of exchange rate regime wherein a currency's value is allowed to ... by the foreign-exchange market through supply and demand for that particular currency relative to other currencies.

Under flexible exchange rate system, the exchange rate is determined by (1) the Central Bank of the country (2) the forces of demand and supply in the foreign exchange market (3) the price of gold (4) the purchasing power of currencies

Description : Under flexible exchange rate system, the exchange rate is determined by (1) the Central Bank of the country (2) the forces of demand and supply in the foreign exchange market (3) the price of gold (4) the purchasing power of currencies 

Last Answer :  the forces of demand and supply in the foreign exchange market

The measure of a worker's real wage is (1) The change in his productivity over a given time (2) His earnings after deduction at source (3) His daily earnings (4) The purchasing power of his earnings

Description : The measure of a worker's real wage is (1) The change in his productivity over a given time (2) His earnings after deduction at source (3) His daily earnings (4) The purchasing power of his earnings

Last Answer : (4) The purchasing power of his earnings Explanation: A real wage rate is a nominal wage rate divided by the price of a good and is a transparent measure of how much of the good an hour ... real wage represents the purchasing power of wages-that is, the quantity of goods the wages will purchase.

The main determinant of real wage is - (1) extra earning (2) nature of work (3) promotion prospect (4) purchasing power money

Description : The main determinant of real wage is - (1) extra earning (2) nature of work (3) promotion prospect (4) purchasing power money

Last Answer : (4) purchasing power money Explanation: The term real wages refers to wages that have been adjusted for inflation. This term is used in contrast to nominal wages or unadjusted wages. Real wages provide ... , as opposed to nominal wages, which simply show the monetary value of wages in that year.

The main determinant of real wage is (1) extra earning (2) nature of work (3) promotion prospect (4) purchasing power of money

Description : The main determinant of real wage is (1) extra earning (2) nature of work (3) promotion prospect (4) purchasing power of money

Last Answer : purchasing power of money

The measure of a worker’s real wage is (1) The change in his productivity over a given time (2) His earnings after deduction at source (3) His daily earnings (4) The purchasing power of his earnings

Description : The measure of a worker’s real wage is (1) The change in his productivity over a given time (2) His earnings after deduction at source (3) His daily earnings (4) The purchasing power of his earningsec

Last Answer : The purchasing power of his earnings

According to the classical system, saving is a function of - (1) Income (2) The interest rate (3) The real wage (4) The Price level

Description : According to the classical system, saving is a function of - (1) Income (2) The interest rate (3) The real wage (4) The Price level

Last Answer : (1) Income Explanation: Saving function is a mathematical relation between saving and income by the household sector. This function captures the saving-income relation, the flip side of the consumption-income relation that forms one of the key building blocks for Keynesian economics.

.Induced investment depends on (a) Price level and rate of interest (b) Level of income and rate of interest © Level of employment and wage rate (d) Price level and wage rate.

Description : .Induced investment depends on (a) Price level and rate of interest (b) Level of income and rate of interest © Level of employment and wage rate (d) Price level and wage rate.

Last Answer : (b) Level of income and rate of interest

According to the classical system, saving is a function of (1) Income (2) The interest rate (3) The real wage (4) The Price level

Description : According to the classical system, saving is a function of (1) Income (2) The interest rate (3) The real wage (4) The Price level

Last Answer : Income

What is purchasing power parity -SST 10th

Description : What is purchasing power parity -SST 10th

Last Answer : This answer was deleted by our moderators...

A signed undertaking from one party containing a promise to pay a stated sum to a specified person or a company is known as ________ A. Power of Attorney B. Promissory Note C. Purchasing Power Parity D. None of the Above

Description : A signed undertaking from one party containing a promise to pay a stated sum to a specified person or a company is known as ________ A. Power of Attorney B. Promissory Note C. Purchasing Power Parity D. None of the Above

Last Answer : B. Promissory Note Explanation: A promissory note is a legal instrument in which one party (the maker or issuer) promises in writing to pay a determinate sum of money to the other (the payee)

According to monetary approach of Balance of Payments, the demand for money is a stable function of (a) income, prices and rate of interest (b) income and prices (c) prices and rate of interest (d) income, prices and foreign exchange reserves

Description : According to monetary approach of Balance of Payments, the demand for money is a stable function of (a) income, prices and rate of interest (b) income and prices (c) prices and rate of interest (d) income, prices and foreign exchange reserves

Last Answer : income, prices and rate of interest

Wage fund theory was propounded by (1) J.B. Say (2) J.S. Mill (3) J.R. Hicks (4) J.M. Keynes

Description : Wage fund theory was propounded by (1) J.B. Say (2) J.S. Mill (3) J.R. Hicks (4) J.M. Keynes

Last Answer : (2) J.S. Mill Explanation: J.S. Mill developed the wagesfund theory. This theory of wage was an attempt to show that in certain circumstances wages could rise above subsistence level. According to this ... be paid. This fund of capital is called wages-fund out of which wages are paid to labourers.

‘Wage Fund Theory’ has been given by (a) Adam Smith (b) Malthus (c) David Ricardo (d) J.S. Mill

Description : ‘Wage Fund Theory’ has been given by (a) Adam Smith (b) Malthus (c) David Ricardo (d) J.S. Mill

Last Answer : (c) David Ricardo

Wage fund theory was propounded by (1) J.B. Say (2) J.S. Mill (3) J.R. Hicks (4) J.M. Keynes

Description : Wage fund theory was propounded by (1) J.B. Say (2) J.S. Mill (3) J.R. Hicks (4) J.M. Keynes

Last Answer : J.S. Mill 

Bank Rate refers to the interest rate at which - (1) Commercial banks receive deposits from the public (2) Central bank gives loans to Commercial banks (3) Government loans are floated (4) Commercial banks grant loans to their customers

Description : Bank Rate refers to the interest rate at which - (1) Commercial banks receive deposits from the public (2) Central bank gives loans to Commercial banks (3) Government loans are floated (4) Commercial banks grant loans to their customers

Last Answer : (2) Central bank gives loans to Commercial banks Explanation: Bank rate is the interest rate at which a nation's central bank lends money to domestic banks. Often these loans are very short in duration.

Bank rate is the rate of interest: (1) At which public borrows money from Commercial Banks (2) At which public borrows money from R.B.I. (3) At which Commercial Banks borrow money from R.B.I. (4) At which Commercial Banks borrow money from the public

Description : Bank rate is the rate of interest: (1) At which public borrows money from Commercial Banks (2) At which public borrows money from R.B.I. (3) At which Commercial Banks borrow money from R.B.I. (4) At which Commercial Banks borrow money from the public

Last Answer : (3) At which Commercial Banks borrow money from R.B.I. Explanation: Bank Rate is the interest rate at which a nation's central bank lends money to domestic banks. Often these loans are ... activity. Regulation of the economy through management of the money supply is referred to as monetary policy.

Bank rate is the rate of interest - (1) at which public borrows money from Commercial Bank (2) at which public borrows money from RBI (3) at which Commercial Banks borrow money from RBI (4) at which Commercial Banks borrow money from public

Description : Bank rate is the rate of interest - (1) at which public borrows money from Commercial Bank (2) at which public borrows money from RBI (3) at which Commercial Banks borrow money from RBI (4) at which Commercial Banks borrow money from public

Last Answer : (3) at which Commercial Banks borrow money from RBI Explanation: Bank Rate is the interest rate at which a nation’s central bank lends money to domestic banks. Managing the bank rate is a preferred method by which central banks can regulate the level of economic activity.

Which of the following is an example of fiscal policy (a) Change in interest rate (b) Change in tax rate © Controlling money supply (d) Manipulating bank rate

Description : Which of the following is an example of fiscal policy (a) Change in interest rate (b) Change in tax rate © Controlling money supply (d) Manipulating bank rate

Last Answer : (b) Change in tax rate

Has anyone in the world experenced a negative minimum wage or interest rate?

Description : Has anyone in the world experenced a negative minimum wage or interest rate?

Last Answer : Yes. They used to be called “apprenticeships”. You’d pay an expert to teach you their craft, and usually room and board while you learned. The “learning” often involved doing the menial, laborious parts of the job for several years before actual teaching began.

The Liquidity Preference Theory of Interest was propounded by : (1) J.M. Keynes (2) David Ricardo (3) Alfred Marshall (4) Adam Smith

Description : The Liquidity Preference Theory of Interest was propounded by : (1) J.M. Keynes (2) David Ricardo (3) Alfred Marshall (4) Adam Smith

Last Answer : (1) J.M. Keynes Explanation: In macroeconomic theory, liquidity preference refers to the demand for money, considered as liquidity. The concept was first developed by John May-nard Keynes in his book ... Money (1936) to explain determination of the interest rate by the supply and demand for money.

The Liquidity Preference Theory of Interest was propounded by : (1) J.M. Keynes (2) David Ricardo (3) Alfred Marshall (4) Adam Smith

Description : The Liquidity Preference Theory of Interest was propounded by : (1) J.M. Keynes (2) David Ricardo (3) Alfred Marshall (4) Adam Smith

Last Answer : J.M. Keynes

Does outsourcing create purchasing power? If not, then what is the long term effect?

Description : Does outsourcing create purchasing power? If not, then what is the long term effect?

Last Answer : It’s cheaper to hire poorer people for menial jobs.

Demand of commodity mainly depends upon - (1) Purchasing will (2) Purchasing power (3) Tax policy (4) Advertisement

Description : Demand of commodity mainly depends upon - (1) Purchasing will (2) Purchasing power (3) Tax policy (4) Advertisement

Last Answer : (2) Purchasing power Explanation: The demand of commodity mainly stems from the consumption capacity of the buyer. Demand is equal to desire plus ability to pay plus will to spend. Demand for a commodity depends upon number of factors called Determinants.

Demand in Economics means : (1) Aggregate demand (2) Market demand (3) Individual demand (4) Demand backed by purchasing power

Description : Demand in Economics means : (1) Aggregate demand (2) Market demand (3) Individual demand (4) Demand backed by purchasing power

Last Answer : (4) Demand backed by purchasing power Explanation: Demand ' in Economics refers to the quantity of a good or service consumers ate able and willing to buy at a given price in a given market during a specified time period , other things beings equal.

“Any asset capable of serving as a temporary abode of purchasing power is money.” This definition of money is given by (a) Milton Friedman (b) Gurley and Shaw (c) Francis Walker (d) Crowther

Description : “Any asset capable of serving as a temporary abode of purchasing power is money.” This definition of money is given by (a) Milton Friedman (b) Gurley and Shaw (c) Francis Walker (d) Crowther

Last Answer : (a) Milton Friedman

flation (a) Always reduces cost of living (b) Always reduces standard of living © Reduces price of products (d) Reduces purchasing power of money

Description : flation (a) Always reduces cost of living (b) Always reduces standard of living © Reduces price of products (d) Reduces purchasing power of money

Last Answer : (d) Reduces purchasing power of money

Demand in Economics means : (1) Aggregate demand (2) Market demand (3) Individual demand (4) Demand backed by purchasing power

Description : Demand in Economics means : (1) Aggregate demand (2) Market demand (3) Individual demand (4) Demand backed by purchasing power

Last Answer : Demand backed by purchasing power

Demand of commodity mainly depends upon– (1) Purchasing will (2) Purchasing power (3) Tax policy (4) Advertisement

Description : Demand of commodity mainly depends upon– (1) Purchasing will (2) Purchasing power (3) Tax policy (4) Advertisement

Last Answer : Purchasing power

Which one of the following is not a function of the central bank in an economy? (1) Dealing with foreign exchange (2) Controlling monetary policy (3) Controlling government spending (4) Acting as a banker's bank

Description : Which one of the following is not a function of the central bank in an economy? (1) Dealing with foreign exchange (2) Controlling monetary policy (3) Controlling government spending (4) Acting as a banker's bank

Last Answer : (3) Controlling government spending Explanation: A central bank, reserve bank, or monetary authority is a public institution that manages a state’s currency, money supply, and interest rates. Central banks also usually oversee the commercial banking system of their respective countries.

The business in Stock Markets and other securities markets is regulated - (1) Securities and Exchange Board of India (2) Sole Trade and Exchange Bank of India (3) State and Exchange Bank of India (4) Stock and Exchange Bank of India

Description : The business in Stock Markets and other securities markets is regulated - (1) Securities and Exchange Board of India (2) Sole Trade and Exchange Bank of India (3) State and Exchange Bank of India (4) Stock and Exchange Bank of India

Last Answer : (1) Securities and Exchange Board of India Explanation: As per the Securities and Exchange Board Of India (SEBI) Act, 1992, SEBI is responsible for protecting the interests of investors in ... is the duty of SEBI to regulate the business in stock exchanges and any other securities markets.

The permission given to a bank customer to draw cheques in excess of his current account balance is called - (1) a personal loan (2) an ordinary loan (3) discounting a bill of exchange (4) an overdraft

Description : The permission given to a bank customer to draw cheques in excess of his current account balance is called - (1) a personal loan (2) an ordinary loan (3) discounting a bill of exchange (4) an overdraft

Last Answer : (4) an overdraft Explanation: Overdrafts is an extension of credit from a lending institution when an account reaches zero. An overdraft allows the individual to continue withdrawing money even if the ... available balance goes below zero. In this situation the account is said to be "overdrawn."

hat posses general acceptability? (a) Bill of exchange (b) Bond © Money (d) Bank draft

Description : hat posses general acceptability? (a) Bill of exchange (b) Bond © Money (d) Bank draft

Last Answer : © Money

Which one of the following is not a function of the central bank in an economy ? (1) Dealing with foreign exchange (2) Controlling monetary policy (3) Controlling government spending (4) Acting as a banker’s bank

Description : Which one of the following is not a function of the central bank in an economy ? (1) Dealing with foreign exchange (2) Controlling monetary policy (3) Controlling government spending (4) Acting as a banker’s bank

Last Answer : Controlling government spending

The permission given to a bank customer to draw cheques in excess of his current account balance is called (1) a personal loan (2) an ordinary loan (3) discounting a bill of exchange (4) an overdraft

Description : The permission given to a bank customer to draw cheques in excess of his current account balance is called (1) a personal loan (2) an ordinary loan (3) discounting a bill of exchange (4) an overdraft

Last Answer : an overdraft

The business in Stock Markets and other securities markets is regulated (1) Securities and Exchange Board of India (2) Sole Trade and Exchange Bank of India (3) State and Exchange Bank of India (4) Stock and Exchange Bank of India

Description : The business in Stock Markets and other securities markets is regulated (1) Securities and Exchange Board of India (2) Sole Trade and Exchange Bank of India (3) State and Exchange Bank of India (4) Stock and Exchange Bank of India

Last Answer : Securities and Exchange Board of India

Which of the following is a location analysi analysis technique chnique typically e cally employed mployed by a service organization? a. purchasing power analysis b. linear linear programming c. queuing theory d. crossover charts e. cost-volume cost-volume analysis

Description : Which of the following is a location analysi analysis technique chnique typically e cally employed mployed by a service organization? a. purchasing power analysis b. linear linear programming c. queuing theory d. crossover charts e. cost-volume cost-volume analysis

Last Answer : a. purchasing power analysis

How many bytes of data can be sent in 15 seconds over a serial link with baud rate of 9600 in asynchronous mode with odd parity and two stop bits in the frame? a. 10,000 bytes b. 12,000 bytes c. 15,000 bytes d. 27,000 bytes

Description : How many bytes of data can be sent in 15 seconds over a serial link with baud rate of 9600 in asynchronous mode with odd parity and two stop bits in the frame? a. 10,000 bytes b. 12,000 bytes c. 15,000 bytes d. 27,000 bytes

Last Answer : b. 12,000 bytes

Which of the following apex body and regulators has asked banks to swap customer related information so that the frauds and defaults may be prevented in future? (A) Bombay Stock Exchange (BSE) (B) Indian Banks Association (IBA) (C) Securities Exchange Board of India (SEBI) (D) Reserve Bank of India (RBI)

Description : Which of the following apex body and regulators has asked banks to swap customer related information so that the frauds and defaults may be prevented in future? (A) Bombay Stock Exchange (BSE) (B) Indian Banks ... (IBA) (C) Securities Exchange Board of India (SEBI) (D) Reserve Bank of India (RBI)

Last Answer : Answer: Reserve Bank of India (RBI)

22-According to theory of Demographic Transition, population explosion is related to (a) First stage (b) Second stage (c) Fourth stage (d) None of these

Description : 22-According to theory of Demographic Transition, population explosion is related to (a) First stage (b) Second stage (c) Fourth stage (d) None of these

Last Answer : (c) Fourth stage

Which of the following constitutes Foreign Direct Investment? A. A speculator trying to make a profit by buying company shares on a foreign stock exchange. B. A UK energy company buying territory abroad where it expects to find oil reserves. C. A tourist purchasing foreign currency to spend on a holiday abroad. D. A company signing an agreement with a wholesaler to distribute its products in foreign markets.

Description : Which of the following constitutes Foreign Direct Investment? A. A speculator trying to make a profit by buying company shares on a foreign stock exchange. B. A UK energy company buying territory ... D. A company signing an agreement with a wholesaler to distribute its products in foreign markets.

Last Answer : A tourist purchasing foreign currency to spend on a holiday abroad.

Intrinsic value of each equity shares of the vendor company is Rs. 250 and that of the purchasing company is Rs. 400. The exchange ratio of shares on the basis of intrinsic value is - (A) 2:1 (B) 8:8 (C) 8:5 (D) None of the above

Description : Intrinsic value of each equity shares of the vendor company is Rs. 250 and that of the purchasing company is Rs. 400. The exchange ratio of shares on the basis of intrinsic value is - (A) 2:1 (B) 8:8 (C) 8:5 (D) None of the above

Last Answer : (C) 8:5

The oldest form of exchange--trading of products--is known as A)credit. B)buying. C)purchasing. D)barter. E)pricing.

Description : The oldest form of exchange--trading of products--is known as A)credit. B)buying. C)purchasing. D)barter. E)pricing.

Last Answer : D)barter.

Is a minimum wage job "minimum wage" because the high competition for the job, or because it is easy?

Description : Is a minimum wage job "minimum wage" because the high competition for the job, or because it is easy?

Last Answer : Neither. It is usually because of the low skills level necessary to be hired to do the job. That doesn’t make it easy, it means the required training is minimal.

Are you in favor of a minimum wage increase?

Description : Are you in favor of a minimum wage increase?

Last Answer : The reality is that increasing the minimum wage has mixed results, but is not the widespread destruction in employment that people like Pugh fear. In many ways, increasing the minimum wage increases the ... as they get it; in economic terms, it increases the velocity of money through the economy.

When the minimum wage goes up, how does the money cycle change?

Description : When the minimum wage goes up, how does the money cycle change?

Last Answer : Inflation increases the cost of goods, the value of the money goes down. I remember hearing, back in the 70's, that a dollar was worth 26 cents. Your money buys less and less, and the prices continue to ... on one side. It took a whole grocery bag full of these marks to buy a single loaf of bread.

Most of us know a minimum wage is not a living wage, so in your opinion what would a minimum living wage be for the area that you live in?

Description : Most of us know a minimum wage is not a living wage, so in your opinion what would a minimum living wage be for the area that you live in?

Last Answer : San Francisco just went to $10.74 hour, but the Mayor thinks it should be $15 which is really a bare minimum to live here.

Is the problem with the economy, the poor want a living wage, or the wealthy get paid too much?

Description : Is the problem with the economy, the poor want a living wage, or the wealthy get paid too much?

Last Answer : You might want to clean up this question. I’m not sure what it is asking.

Would a wage increase affect aggregate demand or supply?

Description : Would a wage increase affect aggregate demand or supply?

Last Answer : I don’t know much about economics, but the third option is that the effects might cancel out, meaning no change.