Question
_____________________Effect is an effect that describes
the relationship between an increase in productivity, higher exchange rates and an increase in wage growth. This effect shows that when there is an increased level of productivity in the tradable goods sector of a country, there tends to be a higher exchange rate, consumer prices are also likely to be higherSolution
The Balassa-Samuelson effect states that productivity differences between the production of tradable goods in different countries explain large observed differences in wages and in the price of services and between purchasing power parity and currency exchange rates. It suggests that an increase in wages in the tradable goods sector of an emerging economy will also lead to higher wages in the non-tradable (service) sector of the economy. The accompanying increase in prices makes inflation rates  higher in faster-growing economies than it is in slow-growing, developed economies .
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Of the four given options, choose the most appropriate one.
Given below are sentences with an error in each. The error is in one part of the sentence. Below each sentence are given the options containing the par...
Spot the grammatical errors in the given sentence. Mark the part with error as your answer. If there is no error, mark "No error" as the answer. (Ignor...
Aside by his solemn expression, (A)/ there were nothing in the way he acted (B)/ with the children that might indicate (C)/ anything was wrong among th...
One major reason (1) / for the popularity of television is (2) / that most people like to stay at home. (3) / No error (4).
In the question given below, a sentence is given, divided into parts. One of the parts may contain an error. Identify the part that contains the error, ...
The salesman tried to (a) / sell me a solar water heater (b) / but I already have one. (c) / No error (d)
In the sentence, certain words are in bold and numbered from A to E, which are the possible pairs to be interchanged. Choose the pair(s) of words which...
