Start learning 50% faster. Sign in now
The Balassa-Samuelson effect states that productivity differences between the production of tradable goods in different countries explain large observed differences in wages and in the price of services and between purchasing power parity and currency exchange rates. It suggests that an increase in wages in the tradable goods sector of an emerging economy will also lead to higher wages in the non-tradable (service) sector of the economy. The accompanying increase in prices makes inflation rates higher in faster-growing economies than it is in slow-growing, developed economies .
The Union Housing and Urban Affairs Ministry has extended the deadline of its Smart Cities Mission to ____________ .
According to the India State Forest Report 2021, which state has shown the highest increase in forest cover?
Consider the following statement
1. The ordinance making power of the President is parallel with the legislative power of parliament
...
At which one of the following places did Mahatma Gandhi first start his Satyagraha in India?
Which of the following is an example of an intangible asset?
According to the Social security code, 2020 what is the age for superannuation as provided under the code?
In a class of 40 students, Anjali’s rank is thrice that of Anita. There are 4 students who have ranks worse than that of Anjali. Anita’s rank in the...
Deficiency of which of the following leads to night blindness?
Among the four works mentioned below which one is encyclopaedic in nature?
“Wildlife Conservation Award 2023” is won by which conservationist ?