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Assume that the per capita income in Alfaland (with initial high per capita income) is growing quicker than it is in Betaland (with initial low per capita income). Then: the gap in the standard of living among the two countries widens over time. Describe?
Explain about theories and models linked to development. • There is no one agreed theory of development. All models, as Rostow, provide an insight in one or two dimensions of t
with a water park going in town. What kind of externality is this?
How can value management be utilized to compare various possible design solutions? When the bottom-level objectives for a project have been acknowledged through these technique
Does economic growth automatically reduce poverty? Growth implies more goods and services are obtainable to satisfy more wants and requirements. But the benefits of growth may
What would primary markets look like in absence of secondary markets?
what are the economic problems facing any individual in the economy
how managerial economics is applied in a firm?
#sources of oligopolyn..
why does the quantity of salt demanded tend to be unresponsive to changes in its price?
GDp of World?
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