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How is Gross Domestic Product capturing the economic dimension of human well-being?
GDP (Gross Domestic Product) only captures the economic dimension of human well-being. All countries along with identical per capita $PPP may experience extensively different as:
a. Environmental impact of negative externalities and growth
b. Working hours as well as levels of stress
c. Distribution inequalities into income, health and education among the social classes and also geographical regions
d. Sustainability comprising depletion of natural resources and also social inclusion
In AS/AD model monetary polices is seen to working primly through its effect on interest rate. There are some example to understand to interest policy impact on exchange rate an
What is absolute poverty and relative poverty? Absolute poverty: It is an income level below that essential to meet fundamental requirements. The UN measure of absolute
explain ththe test marketing approaches followed by fmcg companys
Problem 1: (i) Assuming a Cournot duopoly where the market demand is estimated as: P = 100 - Q The marginal cost is estimated to be constant at Rs. 10 for the two fir
You are evaluating two (mutually exclusive) methods of strip-mining a resource-rich area. The alternatives are very similar, though one important difference is in the scale of the
I thought I was getting an automatic answer
Assume that there are two types of consumers (in equal numbers). They have the following two inverse demand functions (coming from zero-income effect demand functions): Type A : p
Demand
Lottery Ticket Win! You win the lottery and are promised by the Lottery Commission $12,000 a year for 6 years, starting next year. Assume the interest rate is 9%. What is the pre
Identify the features of informal sector in African countries
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