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Explain how getting right price affected the market for promoting development. Getting prices right implies: • Abolishing price controls as well as subsides on fundamentals.
Is foreign debt a problem? Foreign debt is the whole amount owed overseas through a country at an exact moment in time. Debt is a problem since • High debt imply high inter
How is Harrod-Domar model used in planning? The Harrod-Domar model is helpful to government for setting target rates for saving required to deliver a specified rate of economi
use of linear programming in decision making
What is matrix algebra, give some examples and its types
How does product life cycle works
why do companies privitise? what is the objectives of privitisation? what are the advantages and disadvantages of privitisation?
What is Economic development theory? Economic development theories and models seek to describe and predict how the: • Economies may develop or not over time in excess •
meaning of deductive and inductive method.
what do you call an entrepreneur using someone elses ideas to start a business
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