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1) In defining development to include more than just the growth of per capita income, there is an implicit assumption that the growth of per capita income alone is not sufficient to guarantee the reduction of poverty and the growth of self-esteem. Is it possible that there could be growth of per capita income without the achievement of other objectives (what are the other ingredients of Econ Development)? Give specific example (s) in reference to developing country case study as part of your answer.
2) How do you distinguish between the concept of development economics and that of traditional economic growth? Do you agree with the notion of many economists who contend that the development economics is greater in scope than traditional economics? Why or why not? Give example (s) of specific country case studies as part of your answer.
3) What do you consider to be the most important of 8 millennium development goals and why? Did the MDGs achieve its goals so far? Why or why not? Give example (s) of specific country case studies as part of your answer.
4) What are the most important characteristics that might have considered cause and effect relations in explaining slow pace of economic development of low-income countries? Give relevant data in supporting your logics for specific country study.
5) How do you measure poverty, poverty gap and income inequality? Provide some numerical data of your country case study as part of your explanations.
From 1978 to 2011 China's economy grew at an extremely high rate. A number of reasons have been cited as source of this growth rate. Given those reasons which economic growth model, do you think would be best in explaining the growth of China. You ca..
The retail price for a wrinkle-reducing injection is $550. Retailers buy directly from the manufacturer, who has a margin of 80 percent on their product. If the retailer margin is 40 percent, what is the manufacturer selling price to the retailer? Wh..
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Review three or four key principles that are important in understanding a Biblical view of business ethics. Give examples of how you have (or might in the future) apply these principles.
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Review the six economic goals discussed in this section. Then, in a paragraph of at least five sentences, describe the goal you feel is the most important to a country and explain why you feel this way. Be sure to provide at least two logical reasons..
According to the equilibrium principle,
When Apple raised the price of a song download from 99 cents to $1.29, demand for Grizzly Pioneer's latest hit fell to 90,000 units sold from 110,000 units sold in the previous week. What is average price? What is average quanity sold? Is demand for ..
Statisticalstudiesestimatethe1981supplycurveforwheatwasapproximatelyasfollows: QS=1800+240P where price is measured in nominal dollars per bushel and quantities in millions of bushels per year. These studies also indicate that in 1981, the demand cur..
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