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Suppose you are a highly regarded international economic advisor. You have been asked to assess thepossibilities of growth in an African country. It is a country abundant in labour and some natural resources.The capital to labour ratio is low. It has a free market economy. You have found that this country does not havea very strong and healthy banking system. However the political system is stable and the government does agood job protecting property rights. Assess this country's prospects for growth. Recommend two things thatwould enhance the country's growth.
Show that equation (1) implies that per capita investment is also a constant fraction of per capita income. Which equation, which was not stated in the set up of this question, do you need to show this?
Why is the equality of marginal revenue and marginal cost essential for profit maximization in all market structures? Explain your reasoning.
Balance of payments identities. Recalling the balance of payments identity, CA + FA + ORT ≡ 0, answer the following questions. If CA > 0 and the central bank is neither accumulating nor decumulating foreign exchange reserves, what must be true abou..
Consider the case in which an investor holds a bond for a period of time longer than the duration of the bond, that is, longer than the original investment horizon.
This problem related to Economics, mainly Macroeconomics. The problem is clarify the economic condition of Kuwait. Kuwait is one of the world's richest countries
What is the line on the production possiblities graph that shows the maximum possible output?
What additional financial markets did you research? How did these markets react to the changing economy? What notable factors contributed to the growth of mortgage-backed securities?
If the yed for a product is equal to one , is it a basic or a luxury good? If ?Qd% does not change , what does it mean for the Yed?
the grocery store next door provide an offers to double coupon night for Senior Citizens.
.Differentiate between a price ceiling and a price floor (your answer should include the intentions and actions of buyers and sellers under both scenarios). 2.What action does government sometimes take to prevent a fall in prices when a price floor..
In what ways is the inflation tax a tax, and in what ways is it not a tax and who pays for the inflation tax?
You have a choice between spending $195 on a new biology textbook or purchasing a new 3G smart phone. The opportunity cost of purchasing the textbook is the phone.
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