Nature of Economics

May 20th, 2015
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Adelphi University
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Economically speaking, the “Bottom of the Pyramid” is the largest and also the poorest socio-economic class of people across economies. This consumer segment consists of 2.5 billion people who live on less than 2.50 dollar per day. The phrase “bottom of the pyramid” is used in particular by people developing new models of doing business that deliberately target that demographic, often using new technology.

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Budget deficit, Inflation &exchange rate depreciation.```Group MembersNinad Nachane (7203)Kashmira Palkar (7210)Prathamesh Pant (7212)Amit Poojari (7224)Nidhi Vidhate (7251)Deepali Yadav (7254)BUDGETBudget deficitA Budget Deficit occurs when the spending of agovernment exceeds that of its financialsavings.ExpenditurerevenueHow is revenuegenerated by thegovernment?REVENUE - TAXE.g. :-YearSalaryTax (Rs.)@ 10%Last yearRs.1,00,000Rs.10,000Current yearRs.1,10,000Rs.11,000Why Expenditure Increases?Is Budget Deficit Really Bad?How To Deal With Deficit Tax Loans Disinvestment BondsWhy Not Print Money To ReduceDeficit?Discussion on current inflationin indiaWITHAMIT POOJARIECONOMIC ADVISORDEEPALI YADAVENTREPRENEURExchange rate depreciationDepreciationVsDevaluationHow is the value decidedLong TermDaily BasisGlobal ScenarioBuyers & SellersSources of InformationEconomic TimesNDTV Budget AddaCNN IBNeconomywatch.comInterviews: Hiranandani Gardens PowaiTHANK YOU

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