GDP is Gross Domestic Product. It is the total value of goods and services produced within the boundaries of a nation in a given time period. E.g. 1 year The value of goods and services produced by both...
Name some notable economists who estimated India’s per capita income during the colonial period. Ans: The following economists estimated India’s per capita income during the colonial...
Trade Unions can play a vital role in affecting the wage rate in the industry. Their methods have the result of either increasing the demand for labor or by either restricting thesupply of substitutable...