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What is the concept of the development?
The concept of the development:
Development is a complicated multi-dimensional concept to do along with enhancements in the human well-being
• Growth is only one dimension of development. Development does not necessarily mean growth.
• Development is measured through outcomes that is development arises while key indicators of human well-being enhance
• The HDI is better way of measuring development than national income statistics but is yet flawed
• Growth is a process involving change. Structural modification is painful creating winners as well as losers and a loss of customs
• Countries can be illustrated but not stereotyped
Country-by-country progress within development/growth can be measured against UN Millennium Development objectives.
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4) The prevention of major swings in economic activity can be handled most easily by the A. household sector B. business sector C. financial sector D. government sector Explain
What are the economies and diseconomics of scale?
Let {(y i * ; x i ); 1 ≤ i ≤ n} be an i.i.d sequence of random variables where y i * and x i satisfy the linear relationship y i * = β 0 + β 1 x i + ∈ i with Cov(x i ; ∈
The owner of a firm Mr. Rajneesh expects to make a profit of Rs.5,50,000, Rs.6,50,000, Rs.7,50,000 and Rs.8,50,000 at the end of the 1st, 2nd, 3rd and 4th year respectively. Rajne
What is the concept of the development? The concept of the development: Development is a complicated multi-dimensional concept to do along with enhancements in the human
Employment The calculations of human input in the production procedure. In the United States, there are two major measures of employment, as determined by the Bureau of Labor
What is the purpose of the IMF and why might the IMF be called the “lender of last resort”? Discuss how three of the tools they use for establishing economic stability in a country
monetary policy
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