This article is a continuation of Introduction to Public Debt (Part 01) With the high level of surging public debts the discussions about defaults are rising …
Public debt indicates the amount of outstanding debt instruments that are issued by the government anytime during the past but not yet repaid. (Seater, 2008) …
Income Hypothesis is mainly about observing consumers’ behavior proportional to their income. This can be divided into three main categories. Permanent …
Country analysis is a prerequisite for expanding operations globally and the back bone of decision making. The general economic data a company must consider …
Two major categories of international organizations can be divided organizations that having a global focus and those set up to meet the needs of particular …
Use of National Income Data As a measurement of standard of living of people- The GNP and GDP statistics are used to measure the standard of living where a …
National income (Y) is defined as the total level of output of the economy. There are 03 approaches for measuring national income and they are as follows: …
National Income (Y) is an the total level of activity of given economy in a particular period. In other words national income measures the total level …
The expression of a model can be in the form of words, diagrams, or mathematical equations, depending on the audience and the point of the model. These are the …
In past people used barter system (exchange goods for goods) [Click here to visit the article on barter economy] to obtain goods and services. But with …