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Question 1:
The common characteristics of LDCs include low GDP per capita, capital scarcity, high unemployment, chronic budget deficit, high levels of external debt, high concentration on primary exports, low levels of living, etc.
Using a development oriented approach, explain policy reforms that you would propose to address the macroeconomic problems and micro level empowerment.
Question 2:
(i) Briefly describe the role of government.(ii) Discuss whether government interventions can still be justified in the 21st Century.
Question 3:
If not engendered development can be endangered" Using examples, explain the above statement
A vital question is whether the equilibrium we have identified in labor market (with a high unemployment rate) can remain in long run. Will there not be adjustments which will take
the circular flow of income in an governed economy
Neo-classical synthesis is a synthesis of classical model and Keynesian model. In brief, it states that Keynesian model is correct in the short run whereas the classical analysis i
The United States postal service report 95% of first class mail within the same city is delivered within two days of the time of mailing. Six letters are randomly sent to different
What are the pros and cons of outsourcing in order to keep prices down?
A negative outflow to the U.S. balance of payments is generated by the purchase of United States assets (such as United States Treasury bonds) by foreign investors and the sale of
Question: Using diagrams where appropriate, describe the concepts of scarcity, choice and opportunity cost. Distinguish between negative and positive externalities, explain
In January of 1997, the U.S. Consumer Price Index (CPI) stood at 159.1. By January of 2008, the level had risen to 211.1. What was the average annual rate of inflation over this ti
concept of static and dynamic multiplier
acceptedcapital structure theories
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