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What is a developing economy?
To say a country is developed or developing needs indicators. For illustration:
• The World Bank classification utilises one economic indicator, income, to categorize countries in three several income groupings high-middle and low. Using World Bank indicators a progressing country has a GNP per capita of less than US$6,000.
• The UN classification splits countries in high medium and low human development by using HDI indicators.
Problem (a) What do you meant by Contract Management and what is the central aim of contract management? (b) Show the end-of-contract options and describe the cost involve
What would course a fall in equilibrium price?
What is meant by the term value tree? Value Tree: A value tree gradually decomposes the overall objectives of a project within more exact objectives which can be agreed through
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
1. Imagine that two countries, Richland and Poorland can produce just two goods, computers and coal. Assume that for a given amount of land and capital, the output of these two pro
a) Explain why each of the following factors may influence the own price elasticity of demand for a commodity. (i) Consumer preferences, that is, whether consumers regard the comm
What policies can less developed countries follow to resolve their debt problem? Highly indebted countries can resolve by less developed countries: Seek help by internat
#question the importance of managerial economics..
Why do markets work into promoting development? Liberal economists dispute a free market economy works since this gives incentives for self-generating growth. Particularly the
case study on diamond price and petrol price for exxception to the law of demand
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