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Tag: Miscellaneous

Economics…

Economics Terms Series Part 7 – Wealth, Salary, Utility, Miscellaneous

9 May 20209 May 2020
WEALTH The stock of financial and non-financial assets a person or a household owns that have monetary value. SALARY An annual rate of pay, often paid to employees in professional…
Economics…

Economics Terms Series Part 6 – Assets, Revenues, Capitals, Sectors, Diseconomies, Population, Merger, Miscellaneous

6 May 2020
PHYSICAL ASSETS Non-financial assets or physical products, such as commercial and residential properties, that have value and therefore contribute to wealth. FINANCIAL ASSETS Non-physical assets, such as bank deposits, shares,…
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…

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  • What is the Concept of Green GNP ?
  • Difficulties in the Measurement National Income
  • Income Method of Measuring National Income
  • Expenditure Method of Measuring National Income
  • Value Added Method of Measuring National Income

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