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Problem 1:
Any development strategy should put people first; indeed, its very effectiveness should be measured in terms of how it impacts the poor.
(a) Describe the link between development and poverty with reference to the UNDP's efforts to quantity these phenomena.
(b) What measures will a government take to ensure that the benefits of economic growth trickle down to the poor?
Problem 2:
(a) What is endogenous growth theory and what are its policy implications?
(b) Do you think that endogenous growth theory can give a good explanation of the Mauritian "economic miracle"? Discuss fully with reference to the relevant empirical literature.
Q. What is Gross Domestic Product Per Capita? Gross Domestic Product, Per Capita: Level of GDP divided by the population of a region or country. Changes in real GDP per capita
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a project report on marshalls marginal utility analysis
Problem: (a) Distinguish between fiscal and monetary policy, giving examples where appropriate. (b) Explain how fiscal and monetary policies might be used by a government
The prevention of major swings in economic activity can be handled most easily by the
Marginal Product (MP) of a Factor: From the above mentioned production function, immediately we can study the effect on total output when there is a variation in labour utlili
consumer=m with the help of indifference curve analyis
Wage Labour: A form of work in that employees perform labour for others, under their direction, in return for salaries orwages. Employer controls and owns the product of the labour
compare the concept of MRTS with the MRS and discuss the similarities and difference between them?
About Bounce Fitness Bounce Fitness provides a range of services and arrange various sessions and programs in the area of fitness that helps to the people to be healthy. The
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