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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.
Duopolist P=20-0.1Q where Q=QA+QB CA=QA CB=0.1QB2
The market for labor can be studied use a supply and demand framework. The demand for labor is from employers who use labor to produce goods and services. The supply of labor is
what is the homogeinity of demand function wrt prices and income
Joe won $365,000 a year for life in the state lottery. Use a labor-leisure choice analysis to answer the following: a. Show how Joe’s lottery winnings affect the position of his b
what is break even quantity
describe who gets hurt in a recession, and how.
Q. What do you meant by Informal Economy? Informal Economy:Informal sector of the economy represents the production of services and goods for the own-use of the producers or fo
The objective of the Government of Mauritius, as announced in the Budget Speech 2007/2008, is to target 2 million tourists by 2015. (a) Critically assess whether the target of
What is International Trade Economics, Explain study area of international trade economics.
Criteria of a Good Forecasting Method: 1. Simplicity : and Ease of Comprehension: Management must be able to understand and have confidence in the techniques used compli
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