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ASIAN DEVELOPMENT BANK;
In addition to the World Bank family, there are three other international lending agencies operating only in specific geographical area, but run on lines similar to the World Bank. These are: (i) The Inter-American Development Bank, founded in 1959, (ii) The Asian Development Bank, founded in 1964, and (iii) The African Development Bank, founded in 1966. Each borrows on world capital markets and lends mostly on near-commercial terms. ADB is a development bank under the aegis of ESCAP (Economic and Social Commission for Asia and Pacific). Its membership consists of countries from Asian region as well as from other regions.
Aggregate Supply When referred to in the circumstance of GNP or GDP, aggregate supply refers to the labor and capital needs to proceeds the level of products and services need
the basics in micro economics
Q. Distribution of income? Distribution:Distribution of income reflects the process by which real output of services and goods produced by the economy is allocated to different
1. Why is a proprietary good necessary for a firm to choose to become a multinational? 2. In Ramondo, Rappoport, and Ruhl (2011), "Horizontal vs. Vertical FDI: Revisiting Evi
CONSIDER THE DEMAND CUVE Q=100-50P DRAW THE DEMAND CURVE AND INDICATE WHICH PORTION OF THE CURVE IS ELASTIC ,WHICH PORTION IS INELASTIC AND WHICH PORTION IS UNIT ELASTIC
Marginal rate of technical substitution in the theory of production is similar to the concept of marginal rate of substituent to in the indifference curve analysis of consumer dema
if the marginal production of labor is rising, is the marginal cost of production rising or falling? Briefly explain
Explicit cost: Explicit costs are payments made by the firm when it purchases or hires factors of production for the production of goods and services. They are also referred t
Second degree price discrimination (two part-tariff) An electric utility in Ontario has the following cost structure: TC = 500 + 20Q Suppose that the market (inverse o
Why narrowness of definition of a commodity may influence price elasticity of demand
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