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What is capital accumulation?
Capital accumulation simply implies an increase into a country is stock or amount of capital over time. It requires net investment, which is investment over and above which required to replace worn out capital or deprecation.
Further producer goods mean economic growth along with higher output employment and income. The savings ratio(s) is the proportion of income which is saved. A savings ratio of ten percent implies 10pis saved for each pound of income.
What is the role of World Bank in the promotion of development? The World Bank was found to promote post-war reconstruction and flow of capital to progressing countries. Its o
explain total productivity
Explain how getting right price affected the market for promoting development. Getting prices right implies: • Abolishing price controls as well as subsides on fundamentals.
Difference between gross barter and net barter terms
Discuss Morality in international context
QUESTION 1 (a) In what specific ways does Becker's model of the allocation of time differ from the simple work-leisure choice model? (b) Compare and contrast the functioning
Question 1: What are the main predictions of the Capital Asset Pricing Model (CAPM)? Discuss the role and significance of the assumptions needed to obtain the predictions.
What is structural change? Structural change: Structural change arises while the associate share of GDP and employment accounted for through the primary, secondary and te
Assume that national income is initially at its equilibrium level when desired investment falls. We would expect an enhance in national income by an amount equal to the decreasing
Illustrate liberalise or open up trade in market for promoting development? Liberalise or open up trade implies that: • Abandoning fixed exchange rates and elimination of re
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