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Why is AIDs a major economic problem?
AIDs are a tragedy which is affecting the structure and size of population. There AIDs is widespread in between the economically active the work force becomes unwell. AIDs damages economic growth by:
• Fall into productivity by substantial absenteeism,
• Raised private sector costs for recruitment and training.
• Disposable income reduce as millions of worker lose income and only requirements can be afforded
• A greater proportion of disposable income is utilized for medical and funeral expenses.
DEVELOPMENT THROUGH RESOURCE TRANSFER is explained below The chief idea here was that (as mentioned previous) poor countries suffered from the savings and foreign exchange gaps
Ask question #. Explain why under fixed exchange rates the monetary policy is not effective#
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