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1. Provide viable explanations to illustrate the below.
a)Dutch Disease
b)Rybczinski’s theorem
c) Leontief’s Paradox
d) Immizerizing Growth
2)What is the concept of “agglomeration”. Explain the internal and external effects associated with this concept.
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- Classify the following as macroeconomic or Microeconomics and provide a justification for your choice . The effect of government regulations on car emissions A comparative of alternative tax policies and their respective impacts on the rate of the nation's economic growthExplain the key elements of sustainable development under Philippine Agenda 21 1.) Poverty reduction 2.) Social Equity 3.) Empowerment and Good Governance 4.) Peace and Solidarity 5.) Ecological IntegrityIn product development, give two factors in relation to economic considerations and explain its importance.
- TRUE or FALSE 11. A high fertility rate reduces the per capita income, be it the Gross National Income per Capita or the Gross Domestic Product per capita. 12. The natural environment can bring about an increase or decrease in the population growth rate. 13. Rapid population growth does not necessarily reflect market failure. 14. Urbanization and localized economies lead to resource immobility 15. The most relevant advantage of locating a firm in an Industrial District is knowledge spillover. 16. The K -12 Program added years to basic education but Philippines student learning still lags behind many East Asian countries. 17. Investment in human capital is beneficial in the short run but investment in physical capital is beneficial in the long run. 18. Centralized urbanization leads to underdeveloped peripheral economies. 19. Improving hard infrastructures rather than soft infrastructures is absolutely a…(Q): In the context of sustainable development, elaborate in your own words the models listed below. Please support your elaboration with examples and provide illustrations of the models. 1. Healthy Community Model2. Circular Economy Mode Explain question with your your own words,examples, models and detail explanation.In Chapter 11, Tietenberg and Lewis note that market imperfections are a major cause of unsustainable development. What are some examples of market imperfections that hamper efforts to achieve sustainable development? Do such imperfections always lead to unsustainable outcomes? What are some economic incentive policies that might facilitate a transition from unsustainable to sustainable activities?
- Hello, please Explain the meaning of each of the following terms (1) to (5). For each term, use a separate diagram to aid your explanation and refer to at least one industrial example in each case. 1: G2B (Government - to - business) 2: Buffer 3: Vertical integration 4: Break even 5: Diseconomies of scaleFinancial development, social capital, favourable business regulation, tradeopenness are different aspects of ‘social capability’ influencing innovationprocesses and, therefore, economic development. Make a ranking of these factorsaccording to their observed degree of importance for economic development (3points). Explain why ‘inclusiveness’ and ‘equality in opportunities’ canstrengthen the innovation capability of an economy2. Which of the following statements is the best articulation of Malthusian dynamics?(A) “Technology will endeavour to make us increasingly less reliant upon fixed resources, since said resources can be stretched out in an exponential manner.”(B) “It is not possible that we can sustain ourselves indefinitely with fixed resources.”(C) “Since population grows exponentially, and farmland only grows linearly, human beings are cursed, in the long-term, to live in subsistence.”(D) “The wealthiest nations have the lowest population growth levels, but have also destroyed their environment with careless pollution that impedes on their ability to cultivate food.”