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CRITIQUE OF ECONOMIC REFORMS:
The critique of economic reforms should consider the actual growth rate achieved, its impact on employment and poverty reduction, its impact on labour, its impact on agriculture – the major source of livelihood of over 60 per cent of population, its effect on balance of trade and balance of payments, its effect on accelerating industrial growth by stepping up domestic and foreign investment, in strengthening economic and social infrastructure and last but not the least, in reducing regional disparities between states.
Problem: (a) Why is an error term added to a regression and explain its importance in the OLS procedure? (b) Suppose we have a linear equation with a constant term, one expl
1. Suppose that there is a credit market imperfection because of asymmetric information. In the economy, there are N consumers. A fraction b of consumers consists of lenders, who e
what is discounting principle?
if the inverse demand curve is p = 120 - Q and the marginal cost is constant at 10, how does charging the monopoly optimum and the welfare of consumers, the monopoly, and society?
Suppose scientists discover that eating soybeans prevents cancer and heart disease
Measures used to restrict International Trade: These are taxes imposed on traded commodities as they cross national boarders. These are two main types of tariffs. An import ta
supply and demand
The government decides to implement a new economic stimulus package targeted at American Farmers. The stimulus package gives every household a $300 prepaid credit card that may on
cobb douglas production function?
Isomers are two or more forms of compounds which having the same compositions. Types of isomers (a) Stereo isomers (b) Structural isomers
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