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What are the import substitution policies? Import substitution policies are as follows: Need trade restrictions for example, tariffs and quotas to defend infant industr
why does the quantity of salt demanded tend to be unresponsive to changes in its price?
MBA - MACROECONOMICS ASSIGNMENT Professor Instructions Abide by following points or no credit will be given for your answers: • Concise and to-the-point answersare what
QUESTION (a) Explain the relationship between scarcity, choice and opportunity cost. (b) Distinguish between centrally planned, laissez-faire and mixed economic systems rega
(a) Name three types of government interventions and 3 economic factors affecting the business environment and with given example explain how these affect the business environment.
Advanced Package Service (APS) offers overnight package delivery to business customers. APS has recently decided to expand its facilities to better satisfy current and projected d
The average amount of debt families have is 2.5 times their annual income with a standard deviation 0.75 times their annual income. How much debt does a family have to have (relati
What is poverty? Poverty is a complicated multidimensional model measured by using a range of indicators. It is about disparities into the distribution of power, opportunity a
What are the critics of advocates of World Bank in promotion of development? Critics of the World Bank argue: • A one-size-fits all strategy which does not take account
How can franchises ensure their products are appropriate for international markets?
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