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Question:
The Mauritian experience of growth and development has been referred as an economic miracle. The island had successfully shifted from an agrarian economy to an industrialised and service based economy
(a) Clearly explain the factors that have led to the Mauritian Miracle.
(b) Distinguish between economic growth and economic development.
(c) Explain the characteristics of developing countries.
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Q. What are the reasons for the world as a whole running a substantial current account deficit? Answer: This deficit improved sharply in the early 1980s and has remained high.
Annotated Bibliography
Visit to village panchayat for agriculture based project
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Q. Using 4 different figures, plot the time paths showing the effects of a permanent increase in the United States money supply on: A. U.S. money supply. B.
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Q. What are the factors that determine the amount of money an individual desires to hold? Answer: Three major factors that are first one the expected return the asset offers co
using diagrams, corden''s theory of customs union under conditions of oligopoly and within the existence of external economics of scale.
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