Questions

Of the two international ship canals, the Suez is more important than the Panama. Constructed over a period of 10 years according to a plan of the French Engineer  Ferdinand de Lesseps, the Suez Canal was opened as early as 1869.

Viswanathan Anand

Phenol with a molecular formula [C₆H₅OH] is also called as Carbolic Acid. It is a white poisonous clear compound with sweet smell. It is used in making plastics, detergents and drugs.

A credit card's interest rate is the price you pay for borrowing money. For credit cards, the interest rates are typically stated as a yearly rate. This is called the annual percentage rate (APR). On most cards, you can avoid paying interest on purchases if you pay your balance in full each month by the due date.

Your APR is expressed in terms of a year, but credit card companies use it to calculate charges over your monthly statement period.

Marginal propensity to consume (MPC) in economics is a metric that quantifies induced consumption, the concept that the increase in personal consumer spending (consumption) occurs with an increase in disposable income (income after taxes and transfers).