Constitute proof-aid is not effective in increasing incomes

Assignment Help Business Economics

Reference no: EM13851666

We can see that aid to Africa has increased significantly over the last 40 years and that incomes in Africa have stagnated. Explain why these two facts do not constitute proof that aid is not effective in increasing incomes in Africa.

Reference no: EM13851666

Questions Cloud

Current consumption bundle is strictly : The absolute value of Mars’ MRS at his current consumption bundle is strictly greater than 2. Mars has convex preferences. Which of the following statements is (are) true? Justify your answer graphically.

Two indifference curves for people : Use separate graphs to sketch two indifference curves for people with each of the following utility functions.

Who has the same indifference curves as jim : Jim’s utility function is U(x, y) = xy. Jerry’s utility function is U(x, y) = 1, 000xy + 2, 000. Tammy’s utility function is U(x, y) = xy(1 − xy). Oral’s utility function is U(x, y) = −1/(10+ 2xy). Who has the same preferences as Jim? Who has the sam..

Characterization of mercantilisms message : "Mercantalism recommends that a country should limit its exports, so that more of the otherwise-exportable products are instead available for local consumption." Do you agree or disagree with this characterization of mercantilism's message? Explain.

Constitute proof-aid is not effective in increasing incomes : We can see that aid to Africa has increased significantly over the last 40 years and that incomes in Africa have stagnated. Explain why these two facts do not constitute proof that aid is not effective in increasing incomes in Africa.

What is the multiplier in this model : What is the multiplier in this model? The d is suppose to be a little below the Y.

Consideration for policies to address global warming : From an economist's perspective, an important consideration for policies to address global warming is: When a producer cannot get all consumers of their product to pay for enjoying it, such as in the case of a fireworks display, then we'd have a dema..

Find the best production mix of the bathtubs : Each model B bathtub can be sold for a profit of $70; it in turn requires 100 pounds of steel and 30 pounds of zinc. Find the best production mix of the bathtubs.

A library research and industry related project : A library research and industry related project is to be carried out on a topic of your choice. The project topic must be related to Data Communications and Networking.

User Account

All Pages