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Analyse the effectiveness of market approaches into promoting development.
Assessing the effectiveness of some system, planned, market or mixed depends onto the choice of display. A market system is effectual in promoting development when there is an enhancement in the indicators of growth, over time The Chinese economy is growing at 10 percent pa and by this one economic measure this is successful. Growth is not essentially development. The benefits of growth are widely distributed.
A clinic uses doctors and nurses optimally and is servicing the maximum number of patients given a limited annual payroll. The last doctor hired treated 1,600 extra patients in a
MC=25+30Q-9Q^2 fixed cost=55 find total cost avarage cost variable cost
Banking on a Beard Award Decision trees are models which allow you to both visualize and quantify a range of possible outcomes when faced with complex choices. These models in
What is all about The Optimal Rule
This is concerned with any one of the following forms. controlling the supply of money controlling interest rates Rationing the amount of credit granted by banks
What are the limitations of comparative advantage? Limitations of comparative advantage: International trade needs wide specialisation. This can have drawbacks as given b
Draw the line of competition
QUESTION 1 (a) Explain clearly the various sources of Industrial Law (b) The mutual consent of the contracting parties is required for a contract of employment to be valid, but
A critically important criterion that must be considered in evaluating environmental policies is whether they provide strong incentives for people to find new ways to improve ambie
QUESTION (a) Explain and evaluate the rational expectations theory. (b) What is the major argument of the supply side economists in relation to taxation policy? How is it di
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