Are the concepts of demand for domestic goods and domestic demand for goods the same? if not, explain.
why does supply of foreign exchange rise when its prise rises?
Difference b/w:
1. BOT & BOP
2. BOT & balance on current account
3. current account & capital account
(please answer in points.(3-4marks))
distinguish between inflationary gap and deflationary gap.state two measures by which these can be corrected?
Are the concepts of demand for domestic goods and domestic demand for goods the same? if not, explain.
why does supply of foreign exchange rise when its prise rises?
Difference b/w:
1. BOT & BOP
2. BOT & balance on current account
3. current account & capital account
(please answer in points.(3-4marks))
distinguish between inflationary gap and deflationary gap.state two measures by which these can be corrected?