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What are the disadvantages of informal economy?
Disadvantages of the informal sector are as illustrated below:
• don’t pay direct taxes;
• Can produce important pollution and
• Pay scant about health and safety matters.
IMPLEMENTATION ISSUES: Infrastructure sector, especially economic infrastructure, projects are facing a variety of problems, which are to be addressed in order to realise the
Summary Strategy management Variables Rewards
In the absence of taxes, subsidies or other distortions, the market demand and supply for bags of cement would be given by Q D = 1500 - 10P and Q S = 140P, respectively, where Q
How is Harrod-Domar model used in planning? The Harrod-Domar model is helpful to government for setting target rates for saving required to deliver a specified rate of economi
The amount of a good or service that a consumer is willing and able to buy at each particular price
What do you believe are the consequences of a rating downgrade?
QUESTION 1 (a) Illustrate the main causes of inflation in Mauritius. (b) Critically analyse the costs of inflation. Which of these items is likely to have encouraged the Mau
How does colonial background influence the development process? Colonial experience influences: • Language for example the official language of US is English. • Legal and
1. Consider the market where there is product differentiation with two firms. The firms are choosing prices p1 and p2 and have demands given by q1 = 40 - 0.5 p1 + p2 q2 = 60
Case study CORN is now struggling to keep up with demand. With corn supplies the tightest they have been since the mid-1990s, prices have risen substantially and are holding a
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