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What are Less Developed Countries (LDCs)?
Less Developed Countries:
Developing countries are frequently considered to as less developed countries. The World Bank categorizes all countries into the low or middle income group (that is GNP per capita of less than 6,000 dollar) like LDCs.
what are the resources of economics development
What are the major area of decision making ? How does economic theory contribute to managerial decision ?
Is agricultural price instability a problem for Less Developed Countries? Problem of agricultural price instability for LDCs: a. Several Less Developed Countries have a com
uses of time series
How does economic system influence the development process? The development experience of free market or capitalist and command as socialist/communist countries is extremely d
What are the characteristics of developed countries applied to Less Developed Countries? Some of Kuznets' characteristics of a DC (developed countries) can be applied to LDCs (
How would you assess the significance of sales skills to a project manager? Are they, increasing or decreasing in your view, significance? Why do you think there is this change occ
Assume that there are two types of consumers (in equal numbers). They have the following two inverse demand functions (coming from zero-income effect demand functions): Type A : p
explain how inflation could reduce the efficiency with which prices allocate resources.
What is a bowed out shape? Why does a production possibilities frontier with increasing opportunity costa have a bowed-out shape?
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