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QUESTION (a) Define a public good and discuss how free riding might be a problem in the provision of a public good. (b) What is the rationale for government intervention in
What are capacity building policies? Capacity building policies: Capacity building is the development and improvement of institutions. And Capacity building policies as
use of linear programming in decision making
What are the predictions of balanced growth? When government can co-ordinate immediate investment in several industries one firm gives a market for another. It needs state pla
a) $130,000 b) Project Atlanta has the shorter payback period Atlanta Boston Payback 1 year and 10 months 2 years an
What is Monopoly and how does it affect the economic postively and negatively?
Why does economic development engage structural change? The process of development needs structural change. Usually economies develop by moving resources through agricultural
What are the constraints facing governments in the promotion of development? The constraints facing governments into the promotion of development: The capability of a govern
How do we identify if an institution or development policy works? Institutions and policies have goals. Successful policies and institutions meet stated objectives in a specif
What would course a fall in equilibrium price?
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