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Category Archives: Macroeconomics

What is Aggregate Demand? The word aggregate in the Aggregate Demand means ‘Total’, therefore, Aggregate Demand indicates the total demand of an economy. Aggregate Demand… Read More
Foreign Exchange refers to the currencies of countries other than the domestic currency of a given country. In simple terms, it is the aggregation of… Read More
What is a Budget? Both the Government and private sector are crucial in a mixed economy like India. The Government requires infrastructural, economic, and welfare… Read More
What is Foreign Exchange? Foreign exchange refers to foreign currency. For example, for an Indian resident Indian rupee(₹) is a domestic currency that can be… Read More
What is Foreign Exchange? Foreign exchange refers to foreign currency. For example, for an Indian resident, the Indian rupee (₹) is a domestic currency that… Read More
What is Foreign Exchange Rate? A medium of exchange for goods and services is called currency. In a nutshell, it is money issued by governments… Read More
What is Foreign Exchange Rate? A medium of exchange for goods and services is called currency. In a nutshell, it is money issued by governments… Read More
What is Currency Depreciation? It refers to the decrease in the value of the domestic currency (₹) in terms of one or more foreign currencies… Read More
A balance of payment (BoP) is a summary statement that lists all of the transactions that took place within a specific period between the resident… Read More
Usually, government records all the transactions that arise between a country and the outside world. This record is titled Balance of Payments. Balance of Payments… Read More
Money is anything that is generally accepted as a mode for payment of goods & services and repayment of loans & debts such as taxes,… Read More
Macroeconomics deals with the study of the national economy as a whole. In Class 11th notes we covered the study of individuals through microeconomics, now… Read More
National Income is the aggregate value of all goods and services produced by firms in a given financial year. It can be stated that when… Read More
Money is any object or item which is generally accepted as a mode for payment of goods & services and repayment of loans or debts,… Read More
The circular flow of income is an economic model that reflects how money or income flows through the different sectors of the economy. A simple… Read More

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