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What are UN Millennium Development Goals?
The UN Millennium Development Goals (MDGs):
These are a set of objectives shared through the IMF, the OECD and the World Bank (WB), and endorsed through most countries. In 2015:
• Poverty reduction: Halve hunger and poverty
• Education enrol all children into main school
• Gender equality, removing gender disparities into education
• Health: Decrease child mortality through two thirds and maternal mortality rates from three quarters. These combat HIV/Aids.
• Sustainable development: Make sure environmental sustainability and reverse the loss of environmental resources.
Aggregate supply and the AS curve The AS curve is the aggregate supply as a function of P. It is horizontal when thesupply is low and upward sloping when the s
There are three industrial firms in a quaint town of South Orange where the municipal government wants to reduce pollution to 120 units from uncontrolled level of 210 units. Three
After a competitive bidding process, Firm G wins a contract to collect and dispose of Firm H's hazardous waste for $1,000 per year. Firm G's labor costs are $200 per year, and beca
If 5000 units are sold and income increases by 20% with an income elastiticy of +2, what will the number of sales units be after the increase
what is national income
Cornell University conducted a study of wage differentials between men and women reported that one reason that men's wages are higher is that men tend to have more years of work ex
calculation of GDP
A significant argument for the augmentation has to do with concept of money illusion. Money illusion means that you care about nominal rather than real amounts. Imagine that your s
Explain the purposes economists disagree and using models of economics. Using Models of Economics: a. Positive economics b. Normative economics A forecast is an easy p
Q. Explain about Nominal wage level? In macroeconomics, we are usually not interested in the wage for a specific individual though in the average wage for all employed individu
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