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According to Banerjee and Duflo, are poor people caught in a poverty trap, so that their pursuit of the things they need for immediate subsistence prevent them from saving up for better health care and education? Explain their position and the evidence they present for it. Is their case persuasive? Explain your answer.
Banerjee and Duflo , Poor Economics.
If, in addition, currency deposit ratio(c) is 0.05 and excess reserve ratio (e) is 0.15, what is money multiplier. Explain why money multiplier differs from simple deposit multiplier.
The real interest rate is defined as: The loanable funds theory states that ________ is(are) determined by the ________ for loans. Which of the following are assumptions of the loanable funds theory? Which of the following are assumptions of the loan..
Select the best description of zero-day vulnerabilities. Support your choice by describing why your choice is the best description.
Compared to Netflix, Blockbuster had very little data on their customers, or understanding of their preferences or behaviors. Which Netflix advantage had the most impact on Blockbuster’s business model becoming disrupted?
What is wrong with claiming that changes in the distribution of income are associated with trade instead of the technological changes that the article discusses.
If David's only illness this year results in an appendectomy, explain how many days will he choose to stay in the hospital.
Assume a bank faces a required reserve ratio of 5 percent. If a bank has $200,000 millino of checkable deposits and $15 million of total reserves, then how large are the bank's excess reserves?
elucidate classical economists stressed the long run?its your birthday and your uncle opens his wallet and gives you a
Arrival rate of customers and processing times of customers each have a coefficient of variation = 1.0. On average, how many customers are standing lines.
If the farmer rented her land from a landowner,would she have the same incentives to control soil erosion. What would the landowner have an incentive to control erosion.
Illustrate what is the firm's profit maximizing output level. Is the industry in long-run equilibrium.
Discuss the idea of DRG-based prospective payment mechanism for hospitals. Discuss the potential effects of DRG payment on quantity of services produced by the hospitals, composition of different types of services offered, incentives for adoption of ..
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