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Development: Economic development is the process through that a country's economy expands and improves in both qualitative and quantitative terms. Economic development requires coming together of numerous different processes and conditions: accumulation of real capital; development of education, human capacities and skills; improvements in governance, democracy and stability; and changes in the sectoral make-up of the economy.
How has the Harberler''s theory of opportunity cost an improvment over the classical theory of trade?
politicians are often heard saying that tuition at state universities should be kept low to make equation equally accessible to all residents of the state, regardless of income
Inverse Demand Function: If variable factor prices changes, then the isocost line will tilt and consequently, the optimal factor requirement will be different. Suppose the wage rat
Dumping In the international marketing, when an organization charges less for goods than it real cost or less than the organizations charges in its home market. This procedure
Environmental pollution may be eloborate as the contamination of the environment, with harmful wastes arising mainly from human activities. All these activities release certain m
WORLD BANK: The World Bank group is a partner in opening markets and strengthening economies. Its goal is to improve the quality of life and expand prosperity for people every
how do I find the marginal value product?
Which of the following is a free good? Fresh water, forests in the northwestern United States, the advice of economists, or none of the above?
illustrate and explain the changing demand for big mac using indifference curve and budget line
Regulation is not a panacea. There are troubles with rate regulation. In our litigious society, the legal proceedings contained in rate regulation are not inexpensive for any of
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