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What are the predictions of Lewis? For Lewis, Harrod Domar is right to emphasise the task of savings and investment although structural change and a new industrial sector are
New trade theory
First, explain the concepts of income, wealth and money and show how each is related to the other. Next, explain the concept of the monetary base and indicate its economic signific
What is the development gap? The development gap refers to the divergence between standards of living in the developed and developing world. As like Source World Bank:
What is the rational for the optimal use of a variable input?
What are the social economic factors and non economic factors in the development process? Development is a process including change into a number of social economic and non eco
What is urbanisation? Urbanisation arises while an increasing proportion of the population live into cities, suburbs or towns. All cities are attractive to potential migrants s
Demand
Summary Strategy management Variables Rewards
Managerial economics is the discipline which deals with application of "economic theory to business management" Discuss
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