In game theory, economic participants are referred to as "players". Game theory consists in the use of mathematical models in order to predict the behaviour of rational decision-makers in cooperative and competitive environments.
D -it's trying to get you to call so it's a call to action
Answer:
The correct answer is "2,40,000". The further explanation is given below.
Explanation:
The given fair value is:
= $240,000
The presentation in books of lessee will be:
⇒
⇒
On putting the values, we get
⇒
⇒
⇒ ($)
Presentation in books of Lessor
, the fair value of assets will be
= ($)
Answer: Option (B) is correct
From the given options, the following statements is most suitable:<em> Both socialism and communism, achieves equal distribution of income and wealth, but in communism, the state takes more control over individual's lives.</em>
Communism can be referred to as a political and economic principle that aims to reinstate private economy with public ownership and thereby gaining a control of means of production and the resources of a state.
Socialism can be referred to as a social and economic principle that aims for public rather than private ownership. According to this perception, individuals do not work in desolation but live in cooperation.
Answer:
This is likely to improve Balance of Payment (in direction of surplus)
Explanation:
Balance of Payment is a systematic account of economic transactions of a country, with rest of world.
Any item leading to inflow foreign exchange is recorded as credit transaction, & item leading to outflow of foreign exchange is recorded as debit transaction. Eg : Exports are recorded as credit transactions, Imports are recorded as debit transactions.
BOP is Balanced if : Debit (outflow) transactions = Credit (inflow) transactions ; Deficit if : Debit (outflow) transactions > Credit (inflow) transactions ; Surplus if : Debit (outflow) transactions < credit (inflow) transactions
Quota is non tariff quantitative trade restriction, imposed to discourage imports. Imposition of restrictive quotas on japanese cars reduces their imports. Other things constant, this increases net exports (exports - imports) & hence improves Balance of Payment (in direction of surplus)