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Article Shared by  The Phillips curve given by A.W. Phillips shows that there exist an inverse relationship between the rate of unemployment and the rate of increase in nominal wages. A lower rate of unemployment is associated with higher wage rate or inflation, and vice versa....

Vladimir Popov and Jomo Kwame Sundaram China’s gross domestic product (GDP) grew by 14%. Since then, its growth rate has declined by more than half to 6.6% in 2018. The five-year moving average growth rate is at its lowest since reforms began in 1978, although annual...

1. A market with few industry :(A) Oligopoly (B) Monopsony (C) Duopoly (D) CartelAns: A2. In case of deficit budget, when the deficits are covered through taxes, that budget is called : (A) surplus budget (B) balanced budget (C) unbalanced budget (D) none of these Ans: B3. The WTO was founded in (A) 1995 (B)...

C. P. Chandrasekhar Unless the Trump administration’s views on the WTO change dramatically, December 11 could mark the end of an era in global trade. On that date two more members (of the three in position out of a mandated seven) of the appellate board for...

CONTENTS IntroductionKey ResultsLivestock Population - Major SpeciesLivestock Population - Major StatesPoultryCattleBuffaloSheepGoatPigCamelHorses, Ponies, Mules & DonkeysMithunYak Introduction The Department of Animal Husbandry & Dairying under Ministry of Fisheries, Animal Husbandry & Dairying attributes critical importance to livestock and to the collection and availability of up-to-date and accurate data related...

Article Shared by  The below mentioned article provides an overview on the models of technical change in economic growth. Subject-Matter: Technical progress plays an imperative role in influencing the pace of economic growth. It is the technical change which results in an increased output per unit labour. It...

C. P. Chandrasekhar The NDA government has recently declared that it had made an unannounced decision to trash the ‘draft’ report of the official consumer expenditure survey relating to 2018-19. These benchmark surveys, normally conducted every five years in the past, are the most reliable sources...