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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 .
(95.89% of 625.15 + 36.36% of 499.89) ÷ 6.02 = ? – 269.72
(124.99)² = ?
The greatest number that will divide 398,436, and 542 leaving 7, 11, and 15 as remainders, respectively, is:
1219.98 ÷ 30.48 × 15.12 = ? × 2.16
(?)2 + 6.113 = 25.92 – 19.03
(23.99)2– (17.99)2+ (1378.98 + 44.99) ÷ ? = 608
Find the ratio of the area of an equilateral triangle of side ‘a’ cm to the area of a square having each side equal to ‘a’ cm.