by Marjan Arbab | Dec 31, 2013 | Macroeconomics
What is the Gross Domestic Product (GDP)? Have you Ever thought how an economic activity is measured in a country? And what about the resources being utilized and the production being made within a country . Well ! There are tools. And one of the tools is GDP ,... by kasi | Mar 6, 2011 | Economics
The expression of a complete proposition by smallest grammatical unit is known as clause. Basically, a clause contains both predicate and subject. There could be one or more than one clauses in the sentence. A sentence that consists of just one clause is known as a... by kasi | Nov 5, 2010 | Economics
In one liner Progress tax is the tax with the increasing tax rate on different slabs and Proportional tax is of fixes rate tax to all slabs. If the tax rate increases with gradual increase on income it is progressive tax. There are different slabs of incomes and... by kasi | Nov 5, 2010 | Economics
Islam provides a complete and simple economic system which is the best alternative for both capitalism and socialism. It has the good things of both without sharing the evils. Islamic economic laws are divine and better in all aspects form man made economic... by kasi | Nov 4, 2010 | Economics
The above maxim reveals the secret success of life. One cannot achieve anything until and unless he/she strives for it. Believing strongly on luck and sitting idle will not bring success. What brings success is the will power, endeavor actions and perseverance. So... by kasi | Nov 4, 2010 | Economics
Poverty has many causes and most of these are nearly same all around the world. Inadequate infrastructure, health and education deprivation, corruption and political unrest are some common causes for poverty. Poverty has a vicious circle of interrelated factors....