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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.
Production: - Firms should choose how much of each to produce. - The alternative quantities can be illustrated by using product transformation curves. Product Transforma
Question 1: Using relevant examples to illustrate your arguments analyze the different economic impacts of tourism and discuss the different ways in which government can maximi
Prove the theory of second best with the help of a diagram
Inductive effect
the diagram used to illustrate of abnormal and normal profits
Using a diagram explain the equilibrium point of a monopoly
explain 6 factors that determine volume of production
I purchase a used stove for $155 when I was willing to pay $185. If a new stove costs $375,what is my consumer surplus
Adding the economic activities of government to the circular flow model shows that: 1. Government spending creates inflation 2. Government purchases of goods and services,
The government decides to implement a new economic stimulus package targeted at American Farmers. The stimulus package gives every household a $300 prepaid credit card that may on
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