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1) Why are values important in development economics?
2) If we say that the economy of the Central African Republic is subsistence economy, what would that mean?
3) According to The New Economic View of Development, why economic development is different from economic growth?
4) Explain the meaning of the Purchasing Power Parity exchange rate.
5) Why do we use PPP to compare incomes per capita.
q1. connie and stephen must decide how to split a pie. suppose both of them simultaneously formulate demands x and y.
Drag each item to the appropriate category of evaluations a manager must make when examining a country's attractiveness. Roll over each item for a detailed description.
In a recent poll of 700 homeowners in the United States, one in two homeowners reports having a home equity loan that he or she is currently paying off. Using a confidence coefficient of 0.95, derive an interval estimate for the proportion of all hom..
Does federal revenue as a percent of GDP change with changes in tax rates? Explain with reference to the Laffer Curve concept.
Use the principles of supply and demand to address a predetermined goal (set by you) in the gasoline market. Be clear on what the current market indicates and why and what your future goal is. We will probably revisit some of your choices in future m..
What is the relationship between price and marginal utility?
Also explain and illustrate how the terms of trade determine the extent to which each country specializes and then finally explain and illustrate the mutual benefits of trade.
Elucidate why the return to deficit spending since the turn of the century.
Describe perfect competition and long-run equilibrium. Provide detailed descriptions, definitions and concrete examples of your findings.
Insurance Consider a risk avers agent who owns an asset worth 100 USD. The agent can choose one of two actions: being cautious a1 or being negligent (a0). The agent’s payoff from having wealth w and taking action a is given by u(w_1,a_0 )=√x and u(w_..
Which of the following would NOT necessarily promote the peaceful resolution of disputes between states?
The Solis Company has estimated the demand curve for its product is represented by the equation: where is the quantity sold per year and is the price per unit. (a) Based on the estimated demand curve, write the equations for Solis'.
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