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What are the social economic and non economic factors?
Development is also a procedure involving change in some social economic and non economic factors comprising:
• Economic: structural change into sectors for example, through agriculture to manufacturing dominating GDP, improvement infrastructure;
• Social: people move through rural to cities leaving behind a manner of life;
• Cultural: for example, appointment on merit quite than on the origin of traditional loyalty to family or tribe
• Political: laws insisting on property rights and contracts come out
what is credit multiplir and how does it work
Which of the following is considered when calculating a country's balance of payments? Military expenditures state unemployment domestic inflation rates foreign inflation rates.
The following table contains data on the relationship between saving and income. Rearrange these data into a meaningful order and graph them on the accompanying grid. What is the s
To overcome the stagnant growth it was experiencing for the past 10-15 years, Japan undertook which of the following measures? Answer Undertook programs to build infrastructure
using the marginal utility theory explain the consumption patten of consumers
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Q. Describe Market interest rates? The most significant interest rates from a macroeconomic perspective are interest rates that government pays on the loans they use to finance
Analyze how a model of the labor market can be used to explain wage and employment for healthcare workers.
Crowding out would most likely occur when: A. the Congress enacts budget cuts to balance the budget. B. workers lose jobs as a result of anti-inflationary fiscal policies. C. the f
Explain the Real wage with example Consider following scenario. You work full time and during January 2008 you make 2000 euro after tax. A specific basket of services and good
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