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What is poor governance?
In countries along with poor governance:
• The rule of law has not working for example civil war and areas run by war lord
• Bribery and corruption implies resources are assigned inefficiently and
• Rulers are unaccountable to citizens for example no or fixed elections.
Question (a) The XYZ Election Commission maintains data showing the voting age population, the number of registered voters, and the turnout for federal elections. The following
Explain how the economic theories applied in business economics
QUESTION 1 (a) Suppose the government decides to implement a minimum wage to help low-income workers. How will the minimum wage affect the demand for labor and what does this i
QUESTION 1 i) Distinguish between the different kinds of concentration measures ii) Briefly describe the axioms of Hannah and Kay (1977) iii) Derive and explain the Dorfm
definition of money markets
This is concerned with any one of the following forms. controlling the supply of money controlling interest rates Rationing the amount of credit granted by banks
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
explain why each of the following factors influence the own price elasticity of demand for a comodity 1. Consumer preferences 2. the narrowness of definiton of the commodity
Why might the point at which the long-run average cost curve levels out change over long periods of time? include a diagram.
factors that affect the volume of production in economy
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