1. Give two factors that affects development of a country and explain its reason. 2. Illustrate and explain interdependence revolution. 3. Discuss the reason(s) why countries need to be rank in terms of its Human Development Index.

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A:

Q: Which of the following is true of a recessionary gap? O a. In the long run, this gap closes when the…

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A: Philips curve shows inverse relationship between inflation and unemployment.

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A: The production function is given to be as:- Y = (K)1/2 Annual investment function is:- I = y * Y

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A: Elasticity measures the responsiveness of quantity demanded to changes in price level

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Q: Define Ricardian Equivalence theorem. Also explain:…

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Q: Modified True or False The Lewis Theory of Economic Development assumed two distinct sectors,…

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Q: Which one of the foolowing is the phenomenon which is being noticed here?

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Q: explain the concepts of public goods and externalities, how an externality leads to a market…

A: Public good does not necessarily include all goods financed through taxes. First consider an…

Q: Total costs for a monopolist are defined as: C(q) = q3 + 1 Hence, marginal costs are: MC(q) = 3q2…

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Q: How long will it take P 10.00 to be four times its value if invested at the rate of 8% compounded…

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Q: coop bought an equipment for P 60,000 other expense including installations amounted to P 5,000. The…

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Q: hich of these statements is true according to the Keynesian (post-Keynesian) view? Increases in…

A: The answer is - All of the options are true.

Q: Question 1: Why are some people (or countries) more protectionist than others? Please use the trade…

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Q: Relatively inelastic Demand Price Demand 02 01 03 Which good would most likely be illustrated with…

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Q: Refer to Table 13-1. What is the marginal cost of producing the first widget? a. $0 b. $1.00 c.…

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Q: c) Under what conditions will a firm shut down in the short run? Provide two plausible real world…

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Q: Which choice could help a student prove the claim made in Document B? 1. Statistics indicating a…

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Q: What is an assumption of a Neoclassical model? a. The future is uncertain b. Output increases when…

A: In economics, there are different views according to which economists make their theory and models.

Q: Make at least 2 sentences about 3 goals and 3 objectives of an internet cafe.

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Q: suppose that the demand for a product is 2000 per year, and the items are withdrawn uniformly. The…

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Q: Answer 2 please

A: Perfect competition is a type of market structure.

Q: 23. According to the Neoclassical view, if there is a decline in the demand for labour and no change…

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Q: How big is the money multiplier if the minimum required reserves ratio is 10 per cent? b 2 10

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Q: How do public pension plans differ in other countries? Has privatization worked overseas?

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Q: How is the opportunity cost of holding money determined? Question 18 options: by consumer income…

A: The opportunity cost of holding cash is the expense that could be understood assuming cash were…