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(i) Explain the term capital accumulation.
(ii) Explain the different views on economic development.
(iii) In the golden age of globalization countries, especially developing, are called-upon to prioritise human capacity building in their domestic agenda. In this context, critically assess whether education is a source of economic growth.
(iv) To what extent does convergence of economic policies across countries leads to improvement in world economic outcomes?
Part 1 : Show the P/E ratio for each company. Answer the question: Which of these two firms seems to be more of a "growth stock"? Explain the reasons for your choice. Part 2:
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Hoe to reduce above mentioned issue.
What are Harrod-Domar assumptions? The H-D (Harrod-Domar) model assumes as: • Fixed capital output ratio. Nonetheless, diminishing marginal returns to capital element exist
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