Fiscal Deficit occurs when the government spends more money than it earns in taxes and other revenues. It has to borrow to cover this gap, which can affect the economy and future budgets.
Gross National Product (GNP) measures the total value of eve...
Gross Domestic Product is the total value of all goods and s...
This is the rate at which one currency can be exchanged for ...
In a Flexible Exchange Rate System, the value of a currency,...
A Fixed Exchange Rate System means that a country's currency...
A Fiscal Year is a 12-month period used by companies and gov...
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