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1a) Why are poor countries poor and rich countries rich?
b) What are the main ingredients for economic growth?
c) What policies (if any) can be used to stimulate growth?
d) Illustrate what mistakes did policymakers make that have kept developing nations from growing more quickly?
e) What is meant by the "germ theory of disease" as it applies to the economics of poor nations? What would such a theory look like? Why is it important for economists to discover such a theory? (Very brief answers needed)- thank you! :)
Your friend's monthly demand for minutes of calling is given by the equation 50, where p is the price of a minute.
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llustrate what happens to the money supply. Elucidate how would this change the incentive structure facing depository institutions.
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The short-run and long-run effects of this change for the levels of per-capita output, and the growth rates of (total) output and per-capita output.
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Illustrate what cost as well as quantity will result once the patent expires and competition emerges in this market.
During the month, there are 26 workdays. The company has 15 workers.
Compare the additional income Microsoft makes as it moves from 20 million to 40 million copies of Vista with the additional income it makes as it moves from 40 million to 60 million copies of Vista.
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