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An introductory course in development economics should help students gain a better understanding of a number of critical questions about the economies of developing nations. The following is a sample list of 30 such questions, followed by the chapters (in parentheses) in which they are discussed. They illustrate the kinds of issues faced by almost every developing nation and, indeed, every development economist.
Question
1. What is the real meaning of development? Do the Millennium Development Goals fit with these meanings?
2. What can be learned from the historical record of economic progress in the now developed world? Are the initial conditions similar or different for contemporary developing countries from what the developed countries faced on the eve of their industrialization or in their earlier phases?
What is the level of national savings According to the savings-investment spending identity for an open economy, what is the amount of investment spending in this economy
Suppose the demand curve for a monopolist is Qd=500-P, and the marginal revenue function is MR=500-2Q. The monopolist has a constant marginal and average total cost of $50 per unit. a) Find the monopolist's profit-maximizing output and price.
Each statement in either true (in all cases) or false (for at least one example) If false, construct a specific example to show that the statement is not always true. Such an example is called a counterexample to the statement. If a statement is t..
$120 per month for cell phone service,other service $1 per minute . QD=150-50ρ, where ρ is the price of a minute a. what the cost of extra minute for each provider. b.how many minute uses with each provider.
Place a capacitor between nodes X and Y so as to obtain a phase margin of 60°. What is the unity-gain bandwidth under this condition?
The trees in Forest F grow such that the volume of timber at time t can be represented as f(t) = 900t - 50t2 + 60t3 + 7t4. (Note that these trees do not follow a typical biological growth function). The annual real interest rate is 0.19,
Give an example of a game in which only one player has a dominant strategy. What is the Nash equilibrium?
A probability density function shows the probability for each value of X.The variance of X must be non-negative; the variance of Y must be non-negative; hence the covariance of X and Y must be non-negative _If X is a uniformly distributed random v..
e range has already been narrowed to an 11-point range.
In you are given a pair of supply and demand equations; identify which is supply and which demand. Plot both on the same set of axes and find the point of market equilibrium.
The value of the marginal product of labor (VMPL=p*MPL) in the local saw mill is VMPL = 20 - 0.5L, where L = the number of workers. If the wage of saw mill workers is $10 per hour, then how many workers will the mill hire
A loan of $20000 is to be financed to assist a person's colllege education. Based upon monthly compounding for 48 months, the end-of-the-month equal payment is quoted as $520. What nominal interest rate is being charged
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