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Why is Mother Teresa famous?

Mother Teresa was a Roman Catholic nun and founder of Missionaries of Charity. She was born in 1910


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What role does savings, investment and rate of interest play in full employment?

The classical economists believed that there would always be full employment of resources i.e. the l


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What is meant by national income of a country?

National Income is the money values of all the final goods and services produced in a country throug


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What is democracy and what is the role of the citizen in democracy?

The political system in which people choose or replace their government through free and fair electi


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How trade cycles are characterized?

answered by leena (36 points)

There are two major phases of a trade cycle i.e. expansion and contraction. Recurring they follows e


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What is the difference between personal and disposable personal income?

Personal Income is the aggregate of all individual incomes which are received directly by the indivi


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