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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.
The town utilizes standard disc type PD water meters for all residential connections. These meters were warranted by the manufacturer to be accurate within two percent of actual f
Determinants of investments: Expected Rate of Return: Investment spending is guided by the profit motive; thebusiness sector buys capital goods only when it expects such
The Budget Line The line BB gives the persons budget constraint. It is described by the linear equation c + wl = w; which can be rewritten as c = w - wl: The budget li
Suppose the demand curve for a consumer for coffee is: Q = 6 - 2P, where Q represents the number of cups per day and P is the price of coffee per cup. 1. Suppose the con
bain''s model of limit pricing with diagram
When there is a positive expected rate of inflation (i.e., an expected and sustained increase in the levels of all prices), the Benefit Cost Ratio of a proposed project will take o
Derivation Of Ordinary Demand Function: Suppose, and q 1 = (Q 1 1 , Q 2 1 ,..., Q n 1 )T. Let M0 be the money income and p 0 q 0 = M 0 and p 0 q 0 ≥ p 0 q 1 , where p
what are monetry accounts?
Consider what would happen if a taxes of 10000$ was imposed on imported automobiles on dealers.Using a demand and supply diagram, show its impact of price and quantity. Suppose the
Define the Production Possibilities Curve and explain the basic economics concepts using the PPC. Explain the factors tht shift the PPC outwards
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