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What is meant by the term value tree?
Value Tree:A value tree gradually decomposes the overall objectives of a project within more exact objectives which can be agreed through the project’s stakeholders. More detailed of these objectives can after that be used to categorize and assess possible system solutions.
What are Harrod-Domar predictions? The economy is rate of growth, its predictions depends onto: • Capital formation and accumulation and capital output is the critical to de
How can the savings gap be plugged? Low savings are a barrier type to growth. All developing countries have low incomes therefore low savings. A savings gap can be met through
using 8 units of production resource to produce 10,000 c0ws by a farmer how many sheep could he have produced
If an economy is experiencing reduction, will the nominal interest rate be higher or lower than the real interest rate? What is the equation that relates nominal rates, inflation a
State the term checkpoint in project management methods. Checkpoint in project management methods: The Checkpoint is the ordinary (probably weekly) meeting of a project o
Problem 1: (a) Distinguish between the two broad aspects of globalization. (b) Critically analyse the drivers of globalisation. (c) Discuss, with examples, on the advanta
What is import substitution? Import substitution: It is a government industrialisation policy for development by replacing imports along with domestic production. St
What is Frugal Economy
Q1 An important first step to the statistical analysis of data is to "get to know your data". The following tasks should contribute to this. (a) To the right of the dataset c
What are the restrictions of Lewis? The restrictions of Lewis: • Assumes complete employment in urban regions. Evidence recommend otherwise • Raised profits may be inves
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