By Admin on December 01, 2012 , Total read: 0 times.
In his widely read textbook,
Principles of Economics, published in 1890, Marshall defines economics as follows:
"Political Economy or Economics is a study of men as they live and
think and move in the ordinary business of life. It examines that part
of individual & social action which is most closely connected with
the attainmen
By Admin on December 01, 2012 , Total read: 2 times.
What impact do remittances are
stimulating overall economic growth? Remittances will be used for consumption
and investment that any stimulates demand for product and services, furthermore
as contribute to monetary development. On the opposite hand, they\'ll produce
dependence in recipients and cause real exchange-rate appreciation that
adversely affects domestic production.
The associate is an empirical one
that we will answer victimization on the market information. Our findings echo
recent econom
By Admin on December 01, 2012 , Total read: 32 times.
-- 03 May 2015, Murad Hossain
There are many deadly effects of inflation. Two of the most important are:
-
Redistribution of Wealth and Income among the People
-
Distortion in the Production of Goods,
employment and relative Prices (During Periods of Inflation all prices
and wages do not change at the same rate; so changes in relative prices
occur)
Impact on Wealth and Income
This effect is focused on the assets and liabilities of the People.
If you owe money, a rise in the price will be a gain for you . But you
lend and the prices rise, you suffer. Because the amount repa
-- 03 May 2015, Murad Hossain
Deflation and Disinflation are not the same. Although they all show
the behavior of Price level but They are different in their direction
and change in the Rate of Price Level.
Deflation
means an opposite to Inflation Or Falling Price (just like we have
rising prices in Inflation). A deflation does not have a positive impact
all the time. Off course, every person would want to have falling
prices but not below “0”. Not every person is willing to sell below the
level of the costs it has incurred.
Disinflation
Is considered to be a common condition. It is related to the R
ate of change of Prices