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Foreign aid, if it is to be successful in enhancing economic development, must lead to a more productive economy. Describe some of the problems in achieving such an objective through foreign aid. What has been an unintended consequences of richer countries giving food and clothing to poorer countries? From the perspective of citizens in a developing country, what are some of the benefits and drawbacks of international trade?
bridget has a limited income and consumes only wine and cheese her current consumption choice is four bottles of wine
State Khinchine's weak law of large numbers and provide a proof of this result. Discuss conditions under which a law of large numbers exists for a sample of independent but heterogeneously distributed random variables.
1) Explain why it is sometimes said that, in the long run, a monopolistic competitive industry has too many firms producing too many products.
question a discuss the following statement in the real world there is no industry which conforms precisely to the
Aside from maximizing profits, assess the factors that managers must consider when making the decision to outsource or integrate forwards or backwards considering which factor would be most influential for decision-making.
What is the opportunity cost of the decision to take these benefits from staying in the apartment and dick and Jane know that the annual property tax rate is 1% of the property value
suppose that a water utility has a simple volumetric pricing structure and charges 800af for water service-a price that
The major changes that have forced differences are changes in the place of women in society as more equal in terms of jobs and working, more out of wedlock births creating more single families, less stigma by society on men who do not participate ..
Using an indifference curve, illustrate Lorne's decision if he decides to work 10 hours per day. Calculate, and in your diagram, identify, Lorne's quantity of leisure, supply of labour, and consumption. What is the price of leisure
1. angela bates who works in a duplicating photocopying establishment for 20000 per year decides to open a small
Discuss the process of natural selection as defined by Darwin. How did Darwin's theoriesdiffer from his predecessors In your opinion, have his theoriesproved to be correct Why and why not
many economists have estimated that the short-run and long-run elasticities of oil demand. let us see if a rise in the
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