Finance General Faqs

What are the advantages of capitalism?
The advantages of capitalism are that the governments have limited control over other business, which lets business compete. ...... More »
What is the importance of microeconomics in study of managerial economics?
It's a economics for decision making where we have to be very optimize and implement those situation which will be helpful in profit maximization in our business effectively and efficiently Since the microeconomics explains the conce...... More »
How do trade barriers affect international trade?
Trade barriers come in many forms. Quota is one. This is when a country sets a limit to the imported products. This is done for a number of reasons. One is because the government of the importing country wants to protect the local manufacturers.More »
What are the capitalist countries in the world?
Capitalism is the dominant, most used form of government there is in the world today. Currently, over 80% of countries use capitalism and a free market economy. ...... More »
What is an interest sensitive good?
Things like housing and autos tend to be affected by changes in interest rates because financing is typically required to make such purchases. If financing becomes more expensive due to an increase in interest rates, sales in these goods tend to b...... More »
What is social cost benefit analysis?
It refers to the study of feasibility of a project in terms of its total economic cost and total economic benefits. It means to compare total cost with total benefit if we add external cost with private cost, its called total social cost ...... More »
What perfect competitive market and pure monopoly market have in common?
A perfect competitive market and pure monopoly market both have to follow the "law of demand". ...... More »
What does it mean when a rupee appreciate?
I think the answer to this question lies in the reasons, which are contributing to the rise and fall of a price of any commodity. India has now good amount of dollars and as such, demand of dollars has come down comparatively. ...... More »
What is trickle down economics?
A derogatory term applied to Reaganomics, or supply-side economics, trickle-down economics is the theory that tax cuts for the wealthy merely "trickled down" to the bottom groups and that the rich benefited at the expense of the economy. Similar c...... More »
How do you define a control in economics?
A control in economics means a steady profit rate that is increasing. Therefore, after one year you could have �1mill profit then the next year �3mill profit etc. ...... More »