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What are Harrod-Domar restrictions?
Harrod-Domar restrictions:
• Non economic social, cultural, political and institutional circumstances are unimportant into growth process
• While capital formation is significant the development of human capital and effective use of latest technologies also raise Gross Domestic Product. Investment is an essential but not adequate condition for improvement
• Suppose closed economy. Within open economy, additional Y might be used for M and not S
• This is complicated to stimulate the desired level of domestic savings
• Meeting a savings gap through borrowing through overseas cause’s debt repayment difficulties later.
• The sector structure of the economy significant (that is agriculture verses industry verses services).
Is unemployment and underemployment a problem? The cost of unemployment is both: • Economic along with the opportunity cost of lost output raised poverty and inequality
Graph the Demand and Supply Curve Given below are the demand schedule and supply schedule for china plates. Graph the demand and supply curve on one graph and determine equili
What are the reasons for globalisation? Globalisation is the result of: • Enhancements in communications and transport, • Elimination of trade limits and exchange contro
What is the fixed cost
What is exceptional supply curves
compute the opportunity cost
Can comparative benefit change over time? Comparative benefit is a dynamic concept. A country can obtain or lose comparative advantage overtime when there is a change within r
Explain the ways in which businesses may try to influence government policy in a way that might benefit them. In the light of government regulation, businesses may become inv
How do i come up with a project based on the above topic
A sample of 58 mutual funds was taken and the mean return in the sample was 14% with a standard deviation of 9.3%. The return on a particular index of stocks (against which the mut
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