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1. Matrix highlighting the claims/description or arguments of the 4 major classic theories of development
2. Point out the essential distinctions of each of the given classic theories of development
3. Which model do you think provides the best explanation of the situation in most developing countries?
4. Given the diversity of developing nations, do you think there is a single, unified theory of development? Why?
5. Are there claims or arguments of the theories of development complement or do not complement each other? How do you think can these theories work together
6. Which among the theories do you agree on in terms of its claims or arguments in relation to development. Why?
1. What are the 3 issues with respect to food (too much, too little and environmental)
Why is the number of unemployed lower than the number of people available to work?
Draw a diagram on the axes below that shows Bell's ATC and MC curves, the demand curve, the MR curve, the price of a beer, and Bell's profits.
Frosty Cola's chief operating officer is very interested in finding out about the average productivity of the company's workers.
The GDP deflator is the broadest, most inclusive measure of change in the country’s price level, since it includes all final goods and services produced and sold. What is the shortcoming of the GDP deflator as a measure of inflation for households, a..
The price of oranges has risen dramatically. Which of the following is likely to happen?
In 1988 the US gross domestic product (GDP) increased to $4.90 trillion at year end, from the 1987 year end level of 4.54 trillion in actual escalated dollar values. In the same year, the consumer price index rose approximately 4%. What was the const..
For a particular competitive firm, the minimum value of average variable cost (AVC) is $12 and is reached when 200 units of output are produced. For the same firm, the minimum value of average total cost (ATC) is $15 and is reached when 230 units of ..
a. Find the? stock's intrinsic value? (its justified? price).
The government decides to increase the minimum wage. Kirk loses his job as a result and reads through the classifieds for employment offers.
What is a likely consequence of not having enough statistical power? Explain.
The first acre can produce 1000 kg, the second acre 900, the third 800, and so on.
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