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Zero Hour Contracts
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What are Zero Hour Contracts?? Whenever a worker and an employer enter into a contract in which workers are given…
FDI in retail sector
FDI has always been a significant contributor in the economic growth of any country. A foreign company invests where production…
Supply and Demand
It is natural to say that the demand for a particular commodity is determined by the supply and demand for…
Adaptive vs Rational Theory
Whenever an individual needs to make some decision regarding some future event, he has to predict the effects of that…
India’s Trade Deficit
Trade deficit is usually referred as the negative balance of trade which occurs when the value of goods being imported…
Introducing PPP Theory
Wherever we go, we will always find a same price for the given commodity. In order to ensure that the…
Wage-Price Spiral
There always persists a negative relation between the unemployment and the inflation but the story behind this negative relation effect…
Wage Indexation
What wage level a firm is supposed to give to workers is determined by the wage contract. Wage contracts are…
The Great Depression
The most severe economic crisis of modern times, generally agreed to have occurred between 1929 and 1939, is haunting. The…
Causing a Recession…
Defined as a slowdown in economic activity usually lasting more than a few months, recession indicates a business cycle contraction…