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How do economists group countries at various stages of development?
There are three major forms of classifications:
• IMF: Developing and industrial, transitional economies;
• World Bank: A country is classed like being underdeveloped onto the basis of its low and real per capita income,
• UN: based onto composite indices as like Human Development Index (HDI)
how does income flow in a governed economy
What is Unbalanced Growth theory? Unbalanced growth shares analysis along with balanced growth theorists which free markets cannot produce development. Planning of government
Quantitative demand for watermelons = 50-3P(wm) - 20P(hd) + 10 P(sc) + 0.001(income) P(wm) = $4.00 P(hd) = $3.00 P(sc) = $2.00 Income = $40,000 Quantity supply of watermelons = 2
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Think of circumstances at home, at work, at university or into a club to which you belong. This is a situation which involves you. You want to modify the present circumstances and
The managing director of Christine plc, a company which specialises in acquiring small businesses, has considered the following potential investments. Only one of these investments
Star Petroleum and Moonlight Petroleum are retail petrol stations that compete in the local market to sell petrol to consumers. Star and Moonlight are located across the street fro
limitations of pareto-optimal conditions as a measurement of welfare
Scenario: A client comes to you for investment advice on his $500,000 winnings from the lottery. He has been offered the following options by three different financial institutions
What do you believe are the consequences of a rating downgrade?
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