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Question:
Describe the main measures of size and/or cutoff point below which economies are classed as small?
In 1982 the Development Committee of the World Bank and the International Monetary Fund "noted the problems of Small Island and landlocked states, and recognized the urgent need to review mechanisms and adjustment prescriptions appropriate to the particular circumstances of such states..." (World Bank 1982).
Show whether small economies have special problems not faced by developing economies that are larger? Do these problems call for special attention?
Unions tie the hands of management and inhibit efficient decision making
explanation and justify the condition of pareto optimality and verify the defination of contrect curve. statment; reallocation of the resources from 1 efficient point to another ef
need assignment on supply and money
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An economy has two agents and two goods. Utilities are given by UA=min{xA,0.5yA} and UB=min{xB,0.5yB}. The total amount of X in the economy is 10. The total amount of Y is also 10.
what is volume of production and the factors influencing them
explain the stages and various coordination mechanisms involved in policy process?
Suppose there are two inputs in the production function, labor (L) and capital (K), which can be combined to produce Y units of output according to the following production functio
Q. Is Heterogeneity the sole cause of conflict of interests? Explain heterogeneity as a cause of variation of aspirations of agents leading to formation of various special inte
Question: (a) There appears to be an emerging consensus that the movement towards good governance must include initiatives to strengthen the institutions of government and civi
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