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Marginal productivity theory of wage determination

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Reference no: EM132876683

Use the assigned readings to answer the following questionsQUESTIONS;

1. State five criticisms of the marginal productivity theory of wage determination

2. Enumerate four determinants for labour in an economy

3 country x has experienced a high inflation rate over the past one year. Highlight the negative effects of the high inflation on the economy of the country x.

4. examine six policy measures that could be adopted to minimize unemployment in developing countries

5. wage differentials exist both between occupations and within the same occupation. Discuss the factors responsible for the wage differentials

6. Explain the five advantages of implementing export promotion strategies in the developing countries.

7. Discuss the positives and negatives of regional economic integration by developing countries and states.

8. Discuss three ways in which a country could build up its foreign exchange reserves

9. Analyze five measures that could be adopted by a developing country to promote export of goods and services

10. Discuss the role played by the international monetary fund (IMF) in the developing countries and states

11. With reference to international trade, summarize the negative consequences of trade liberalization in developing countries

Reference no: EM132876683

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