Hi friend i wanted to explain the causes and how is the economy of nepal. Nepal is a poor country, one of the poorest in the world, and in contrast to other neighboring countries like Singapore, China or even India. 50% of the population lives below the poverty line.
Nepal is a country where forms of self-sufficiency make up the bulk of their subsistence agriculture. The population lives in extreme poverty and much of the political instability in the life of this country does not help in recovery at all. In addition to agriculture, the textile industry also has a large production.
In the Himalayan area, climbing tourism and base tourist camps formed by climbers and various expeditions have also formed an interesting economic hub for Sherpas.
Nepal's economy is an economy of self-sufficiency, livestock, with chicken, goat, buffalo or yak meat as the most sought after, vegetables, rice cultivation ... are the main source of life in this parents. On the other side, but no less important is tourism, with a very important influence in the Himalayan areas, where you will find small towns close to base camps of expeditions, mainly European, which houses the Sherpas, mountain guides. In these areas tourism is a vital source of wealth and its economy. Also in cities like Pokhara, or cities like Kathmandu, trade plays an important part of the region's economy.
What are the events listed
Answer:
B. number of percentage points annual output falls for each percentage point reduction in inflation.
Explanation:
The Sacrifice Rate is the loss of output due to the fight against inflation, and can be expressed as how much product is lost to reduce inflation by 1 percentage point.
The Sacrifice Rate is a proposition by economist Robert Lucas Jr, who noted that the slowdown in long-term inflation is associated with a reduction in the production of goods and services for a certain period until economic agents adapt to the new reality. pricing and restructuring their expectations of the economy. Therefore, the social cost of fighting inflation is a reduction in GDP and an increase in the unemployment rate.
Based on this context, we can conclude that the correct answer to your question is the letter B.
Answer:
Explanation:
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