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In 1994, South Africa's government inherited this country with several unresolved matters from the apartheid system. Certain areas have improved but others have either deteriorated or gone backwards.
You are required to discuss whether you think South Africa is more developed today than it was before 1994. In your discussion, include the following:
-What you understand by economic development
-What variables you would use to gauge economic development
-Use these variables to compare the country's performance between 1994 and 2019
-What programmes government has put in place to increase development.
Do you agree or disagree with your peers findings? Where are there similarities or differences within the class discussion?
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List 1 thing the government can do to pull a nation out of a recession using fiscal policy? How might this cause the your income or someone you know's income to rise?
An influx of foreign capital also becomes an alternative option for addressing the imbalance in savings and investment caused by this increase in environmental
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Given your analysis, what can our government do to enhance the country's ability to grow at a consistent and manageable rate?
Starting at macroeconomic equilibrium at full employment, show the effect of completely expected contractionary monetary policy using an aggregate demand
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