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How might one assess if a country in experiencing both growth and development?
This is a matter of explaining clearly both growth and development; growth is an enhance in GDP (over a time period) whereas development deals with wider issues like living standards and quality of life
Q. What do you meant by Relative Poverty? Relative Poverty: A measure of poverty based on an individual or family's relative income compared to overall average level of income
Explain how Monetarist economics views the role of markets and government intervention in fighting business cycles. Monetarist economics believes that the government should fol
Suppose you own a home remodeling company. You are currently earning short-run profits. The home remodeling industry is an increasing-cost industry. In the long run, what do you ex
who is a rational behaviour
What should be the decent/appropriate growth rate in any country? Answer: A growth rate of among 2-3% is considered normal for mature developed countries; for LICs, 5-7% is
Which element of the periodic table has the most characteristics and is used in everyday life?
Tuan lives in a town with only one movie rental store. Suppose Tuan’s demand for movie rentals per month is Q = 16- 2P . The movie store currently charges $5 per movie, but is thin
Niche Operators: It is assessed by TRAI that despite the USO support, existing big service providers would not be interested to serve about 50 per cent of the villages. To add
suppose ismail were to eat five pizzas per week.what is the total value ismail would place on his five weekly pizzas?
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