Economics… Economics Terms Series Part 3 – GDP, Factors of Production, Market, Contrary Miscellaneous 30 Apr 20202 May 2020 APPRECIATION (in the value of a currency) A rise in the rate at which a national currency can be exchanged for another currency or currencies, i.e. a rise in the…
Economics… National Income – Concept – Part 1 22 Apr 20202 May 2020 Before we start we need to understand some basic concepts of Income Gross - Whenever we say Gross it means we are including Depreciation to the value of the product.…
Aim Institute of Economics 