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Question 1:
(a) Describe the different forms that foreign aid may take.
(b) Does foreign aid lead to economic growth? Discuss.
Question 2:
(a) Distinguish between economic growth and economic development.
(b) Describe why development must be conceived as a multidimensional process involving major changes in every aspect of a society.
definetion of pricing thery
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The main features of outward-oriented and inward-oriented development strategies. Inward- oriented as focus on reducing domestic reliance on imports by executing high barrier
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Explain the effect of increased money supply on bond prices
Use a graphical illustration to describe briefly what the influence of each of the following would be on the market supply of labor:(a) an increase in immigration (b) more women en
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