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-In view of the standard neoclassical approach to the theory of savings, is the empirical existence of a trade-off between domestic savings and foreign aid a valid critique of foreign aid as a means to augment savings to foster economic growth? I guess my biggest problem is that I don't understand the standard neoclassical approach to the theory of savings. Help please.
This section of my class is on Foreign Aid and Development.
The terms of trade are the
Our discussion board topic listed three potential solutions to the overuse of common resources: command and control, cultural norms, and creating property rights. Imagine you are a policy maker in California with the ability to design an intervention..
Santiago is from Spain but lives in Texas. Ryan is from England but he lives in Arizona. A car dealer in Texas buys a new BMW from a BMW factory in Arizona for $51,567 and later sells the new BMW to the final buyer, who is Santiago for $75,120. Later..
1. Most businessmen would not accept jobs that would cover the total cost (direct material, direct labor, overhead) plus mark-up for profit. They would readily
What does it mean to say? Explain and illustrate graphically each. (Chapter 12; Long-run macro-equilibrium, recessions, expansions) a. The economy is in a recession? b. The economy is in an economic expansion with inflation? c. The economy is in the ..
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Suppose you currently own a sugar shack and the only good you sell is maple syrup. From experience, you observe that when you set the price of a one-liter bottl
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q.a toy manufacturer launched a new toy truck last year which was a huge success. 2.5 million invested by company for a
Suppose that Grinch and Grubb go into the wine business in a small country where wine is difficult to grow. The demand for wine is given by P=$360-0.2Q , where P is the price and Q is the total quantity sold. The industry consists of just the two Cou..
Suppose that you buy, and one year later sell, a foreign (British) bond under the following circumstances
Describe the effect that changes in business taxes, personal income, and transfer payments have on a country's gross domestic product (GDP). Each in detail
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