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What are Rostowís policy implications?
• LDCs (Less Developed Countries) require aid.
The development procedure can stall at the Take Off stage for be short of savings. 15 to 20 percent of GDP needs. When savings = 5 percent then aid/loan = 10 to 15 percent plugs savings spaces. Resultant investment shifts the country to stage four as well as self-generate economic growth.
The Harrod-Domar model describes the economic mechanism by that high investment leads to elevated growth.
#question.discuss the contention that the existance of a labour market is characterised by perfect competition is a fallacy.
QUESTION (a) "There is always an inverse relationship between price and quantity demanded of a good." Discuss. (b) Explain with appropriate diagram(s) the different factors
MC=25+30Q-9Q^2 fixed cost=55 find total cost avarage cost variable cost
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what microevrionmental factors have affected Sony''s performance since 2000
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A transition economy is Moving from a planned to a mixed or free market economy.
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