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What are the indicators of development?
Economic development is a complicated multi-dimensional idea. Preferably each aspect of development needs its own indicator.
• Professor Dudley Seers argues development is regarding outcomes that are development occurs along with the reduction and exclusion of poverty, inequality and unemployment into a growing economy.
• Professor Michael Todaro is related with outcomes and sees three goals of development:
a. Producing more life sustaining requirements as like food shelter and health care and broadening their distribution
b. Increase SoL and individual self esteem
c. Increasing economic and social choice and decreasing fear.
Crowding out would most likely occur when: A. the Congress enacts budget cuts to balance the budget. B. workers lose jobs as a result of anti-inflationary fiscal policies. C. the f
Given the demand and cost data you will have available (see information below), briefly describe the process you would use to determine optimum output and price levels in the devel
Syesha loves to eat Sunday breakfast at her local Scrambles restaurant. She usually orders a la carte. Her usual breakfast consists of 2 scrambled eggs, 1 piece of bacon and 2 link
When did mortgage? Default and housing foreclosure rates begin to rise rapidly? When did the economy go into recession? Was there a causal relationship between the two? Discuss.
Describe the Structural unemployment Individuals who are unemployed as their skills are no longer in demand where they live. This kind mainly results in longer spells and may r
factor for long run trend of term of trade
Shambles have selected the "Mythical Beasts" range and decided to concentrate on "Pegasus" and "Phoenix." They would now like to find the right mix of these two products in order
Explain about the circular-flow of economic activities. Circular-Flow of Economic Activities: Economic Agents: a. Households b. Firms Where they interact:
What are the requirements for something to be considered money? Why does the dollar have value?
This problem revolves around determining the LM curve, as we did earlier in the term such that money demand (M D ) equals money supply (M S ), however in this instance under differ
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