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What is the difference between an essential and adequate condition for growth?
Essential and adequate conditions are helpful analytical and evaluative elements. As like example of:
• When net investments always means an enhance in productive capacity therefore growth then net investments a essential and adequate condition for growth
• When growth leads to an increase into GDP but considerable externalities, depletion of non-renewable resources and worsening income distribution in that case growth does not all the time lead to development. Growth is essential (has to occur) but inadequate (not enough) state for development.
Explain the discounting principle. Using the discounting principle calculate the present value of an annuity of five years at Rs. 500 payments made at the end of each of the next f
What are Rostowís limitations? • Presently LDCs face much various conditions than DCs into the 19th century the origin of Rostowís studies • LDCs are very same but very dif
law of diminishing marginal utility assignment
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Managerial economics is the discipline which deals with application of "economic theory to business management" Discuss
Find quantity supplied and quantity demanded: Suppose there are 300 used cars, with 3 quality levels: bad, medium, and good. A seller knows the quality of his car but a buyer
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