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In the year 2000–2001, per capita income in Assam was INR 6,157 at constant prices (1993–94) and INR 10,198 at current prices, which is almost 40 percent lower than that in India. [12] According to the recent estimates, [ 10 ] per capita income in Assam at 1993-94 constant prices has reached INR 6520 in 2003-2004 and INR 6756 in 2004–2005 ...
A government-set minimum wage is a price floor on the price of labour. A price floor is a government- or group-imposed price control or limit on how low a price can be charged for a product, [24] good, commodity, or service. A price floor must be higher than the equilibrium price in order to be effective. The equilibrium price, commonly called ...
Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...
Another example is a paper by Sen et al. that found that gasoline prices were higher in states that instituted price ceilings. [18] Another example is the Supreme Court of Pakistan decision regarding fixing a ceiling price for sugar at 45 Pakistani rupees per kilogram. Sugar disappeared from the market because of a cartel of sugar producers and ...
For example, countries that have parliamentary democracies seem to have higher levels of corruption than democratically elected presidents. [25] Note that this effect may be skewed by historical evidence from Latin America. Closed-list and proportional election systems may also breed more corruption than open-list electoral rules.
For example, only residents of the UK and Ireland may subscribe to Sky Digital. In other European countries with large British expatriate populations, such as Spain, Sky is widely available through the grey market. Although Sky discourages the use of its viewing cards outside the UK or Ireland, and has the technology to render them invalid ...
[3] [4] [5] It seeks to establish an independent sovereign nation state of Assam for the indigenous Assamese people through an armed struggle in the Assam conflict. The Government of India banned the organisation in 1990 citing it as a terrorist organisation, [6] while the United States Department of State lists it under "other groups of ...
When demand decreases, its price decreases because of a shift in the demand curve to the left. Demand shocks can originate from changes in things such as tax rates, money supply, and government spending. For example, taxpayers owe the government less money after a tax cut, thereby freeing up more money available for personal spending. When the ...