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How does economic system influence the development process?
The development experience of free market or capitalist and command as socialist/communist countries is extremely different. The evidence considered clearly that:
• Command economies have been not capable to deliver sustained economic democracy and development.
• Just Cuba and North Korea manage a command economy and North-Korea standard of living (SoL) is far lower than its free market neighbour, South-Korea
• The former soviet block of countries are currently transitional economies moving by a command to free market system.
Draw a Supply or Demand Diagram A) Suppose that several months of data showed the CPI increasing at a 4.5% annual rate due largely to increases in the price of energy and food
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with a water park going in town. What kind of externality is this?
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Consider another company, Lateco, which has just received its fifth round of investment. These rounds have been: Series A: CP ($5M FV) or converts to 5M shares of common. Se
Keynesian economics policy could be distinguished from the classical economics as the main through of the classical theory is that supply creates its own demand which is described
uses of discounting principals
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