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1. Why is the debate between the international dependence and the neoclassical counter-revolution schools referred to as 'fingerpointing'?
2. Explain the following poverty related concepts:
(a) the poverty gap
(b) the Head Count Index
(c) the Human Poverty Index
(d) Human Development Index
3. According to Todaro, what are three core values of development? Explain what are three (3) objectives of development. Also, outline five (5) characteristics of developing countries.
4. Explain the Malthusian model of demographic transition. What are two criticisms of this model.
Why are health and education so closely linked in the development challenge? What are the most pressing health and education challenges today? What is the supposed rationale for subsidizing higher education in many developing countries?
Business Economics Questions - What is meant by market equilibrium and how might a market equilibrium change
1-Budget line 1: Y1 = $800. Y2 = $1,300. The interest rate is 5 percent, both for borrowing and saving.
The state of California recently considered passing a tax on doctors for their services in that state in order to raise revenue to pay for universal health coverage for California residents. Suppose the average open heart surgery costs $100,000, and ..
If you enjoy a higher standard of living than someone that lives in the house beside you...what does that mean? Why?
What business do you want to start, and why? Explain your personal connection to this type of business and discuss sources of information about this business.
Identify the negative externality discussed in the article. Explain, using a graph, how the negative externality leads to an inefficient price and level
Draw and explain the shapes of indifference curves that reflect the following preferences.
Suppose a firm is doing the best that it can and faces the following data: TR = 40, FC =20, VC =50. Should this firm exit the market immediatly? Explain. Should this firm exit the market in the long run? Explain
Your local fast food chain with two dozen stores uses the company’s internal corporate marketing department to produce signage, print ads, in-store displays, and so forth. When placing an order, store managers are assessed a chargeback (transfer pric..
If you are determining whether home prices fell after the construction of the incinerator, which would be the independent variable and which is the dependent.
If Rhine Company ignores possibility that or firms may enter its market, it should set a price of $10,000 for its product, which is a power tool. Explain how can firm's manager extend planning horizon.
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