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What is good governance?
Governance is fundamentally another word for government and is a necessary precondition for development. It is how governments employ their authority to pass laws and exercise force for the usual good. It is concerned along with how:
• Rulers are choose, monitored and replaced for example through free and fair elections or like an outcome of a military coup
• The authorities efficiently control resources and implement policies as like are decision taken for vested interests or the common good
• Disputes are settled for example by the impartial rule of law or through force.
The problem with the above method crops up when we want to compare two or more dissimilar (different sized) projects. A mega project may yield a very large NPV sum, whereas a mini
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QUESTION (a) Explain the law of demand and the factors affecting demand. (b) Explain and illustrate how demand of a commodity will change if there is a tax on that product.
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how the concept of elasticity used for decision making
Does economic growth automatically reduce poverty? Growth implies more goods and services are obtainable to satisfy more wants and requirements. But the benefits of growth may
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