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If an economy is experiencing reduction, will the nominal interest rate be higher or lower than the real interest rate? What is the equation that relates nominal rates, inflation and real rates?
Define the difference between effort and elapsed time. What is the importance of this difference for project planning purposes? Effort is the whole volume of work included in a
What is matrix algebra, give some examples and its types
Is unemployment and underemployment a problem? The cost of unemployment is both: • Economic along with the opportunity cost of lost output raised poverty and inequality
How does culture influence the development process? Culture influences what is of value into a society and affects how individuals, communities and organisations react to modi
Define methods which can be used to monitor supplier performance. Methods to monitor supplier performance are as follows: a. Approval of designs: The organisation comments o
What is the definition of land productivity?
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Your company's cost of capital is 12%. You are currently evaluating three projects that have the following cash flow streams: Project 0 1
QUESTION 1) Explain the term Balance of Payments (BOP) and how a government would intervene to correct a BOP deficit. 2) Explain the protectionist measures that a government
Explain the concept of scarcity, and the role it plays in decision making
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