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When it works, government "industrial policy" that funnels critical capital to just the right ventures and facilitates market coordination-in contrast to usually messy market competition-is quite compelling. What primary unappealing aspect of industrial policy leads a lot of economists to prefer the messiness of market competition?
The following data show the interest rates on 4 randomly chosen personal loans (in percents): 6.1, 5.7, 11.1, 9. Calculate the standard deviation of the sample of interest rates. (
what is price expectation elasticity of demand?
how to decentralization aids in citizen mobility
What are the factors of the economic sectors? The factors of the economic sectors: • Primary sector including natural resources as like agriculture, fishing, quarrying minin
with a water park going in town. What kind of externality is this?
Identify the features of informal sector in African countries
How do institutions influence development? Institutions development influence: Institutions matter since they give opportunities for people and firms to participate into
How does population growth produce development? The impact of population growth depends upon the form: • By net migration. When the increase into population is highly skill
(a) Assume that Purchase Price is equal to initial Market Value (b) Your Market Rent starts at the indicated level and increases by this factor for all of Year 2 and for each y
QUESTION (a) Explain the 3 methods of calculating National Income? (b) Why do all countries in the world calculate their National Income every year, despite all the difficul
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