Gross National Income

DMPQ-Explain how exchange Rate and Purchasing Power Parity effect each other.

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Exchange rates in the ideal sense be a reflection of differences in  purchasing power of economies on account of various factors. However, this is true only  if the entire global world had free trade, without any restrictions, ability of goods to move  across geographies without any hindrance, similar like a bird flying, ability to reach … Read more DMPQ-Explain how exchange Rate and Purchasing Power Parity effect each other.

Odisha Human Development Index

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Odisha Human Development Index Human development is a process of enlarging people’s choices. But human development is also the objective, so it is both a process and an outcome. Human development implies that people must influence the processes that shape their lives. In all this, economic growth is an important means to human development, but not … Read more Odisha Human Development Index

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