Economic Policy Redistribution is harmful to the economy and retards economic growth, whilst public policy in this area has proved to be ineffective". Critically evaluate this statement – use a combination of theory and evidence to support this argument (UK). ……. QUESTION TITLE :- Redistribution is harmful to the economy and retards economic growth, whilst public policy in this a

Urgently need.   What does the two gap model of poverty trap say?   Poverty arises when the rate of return on capital exceeds the growth rate of income.   Poverty arises from the gap between savings and investment and can be remedied by foreign aid.   Poverty arises when capital market imperfections restrict the amount individuals can borrow.   Poverty arises when a country invests in the traditional sector with constant returns to scale, and not in the modern sector with increasing returns.

Mention two factors which cause the rapid growth in population in South Africa

“Many believe that the main objective of government economic policy should be to increase productivity and economic growth.”   Critically evaluate this statement by providing THREE reasons for and THREE reasons against. Ensure that you provide a relevant real-world example from the given Caribbean economy to support EACH point.

Explain how land policy shaped economic growth in the United States.

Answer the following questions in essay form: 1. What are the different theories in economic development? 2. Explain the different contemporary models of development and underdevelopment. 3. What are the implications of economic development in the context of Asian experience?

Explain the Malthusian Trap and the Demographic Transition and their implications to economic growth.

“Many believe that the main objective of government economic policy should be to increase productivity and economic growth.” Using the data above and your economic knowledge, critically evaluate thisstatement by providing THREE reasons for and THREE reasons against. Ensurethat you provide a relevant real-world example for the Barbadoseconomy to support EACH point.

This is a really straightforward problem of human capital acquisition. Let ht stand for generation t's human capital (i.e., human capital of people born in year t). Assume that education spending, represented by x and quantified in $1,000 US dollars, builds human capital. If x = 30, the entire expenditure is 30,000 dollars, and the individual's human capital is ht = 2x.Assume that everyone has the same amount of human capital and that production per person is the same.Individual is yt = Aht, where A > 0 is a constant technological parameter.Find yt's (long-term) growth rate. Display all of your work and explain how you arrived at your conclusions.

TRUE OR FALSE: 1. The one with the bigger per capita GDP between two countries will have a more equitable distribution of income. 2. As of the present, the population growth is considered as a desirable phenomenon.