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

Q: List and discuss the two (2) main factors of economic growth according to the production possibility…

A: Production frontier refers possible combinations of two goods that can be produced with the given…

Q: discuss three policies that can facilitate economic growth in the caribbean

A: The Caribbean economy is a diverse region with significant economic potential and growth…

Q: Among the given choices, which of these is not a negative consequence of population growth? a. Poor…

A: Consequesces of population growth:- Incomes, savings, and investment all suffer as a result of a…

Q: The Solow model without exogenous productivity growth predicts that rich countries with more capital…

A: If the other economic variables are same, the Solow model predicts that over the long run, the…

Q: Modified True or False Economic Development is a wider concept than economic growth.

A: Economic growth is a quantitative and tangible indicator of the formal economy, primarily focused on…

Q: advanced co

A: As per the dependency hypothesis, underdevelopment is being principally brought about by the fringe…

Q: Average labour productivity is presently higher in Australia than it is in China yet during the…

A: The productivity of labor is the number of products produced in a specified period of time by…

Q: TRUE OR FALSE? The new growth theory emphasized the role of human capital development. The two…

A: When talking about new growth theory, it explains the role of various economic variables that…

Q: What are the advantages of Endogenous growth theories?

A: Endogenous Growth Model Endogenous Growth Model explains that the factors determining economic…

Q: Give the point of view of John Stuart Mill on economic development. Explain the pros and cons.

A: The actions and policies being implemented for bringing improvement in well-being and quality of the…

Q: Discuss population growth in Colonial America.

A:

Q: if a country does not have a large endowment of natural resources then they cannot achieve sustained…

A: It is not necessary that country should have large endowment of natural resources,then only it would…

Q: Explain the benefits and limitations of the following determinants in the economic growth. Limit…

A: Economic growth is the increase of real GDP or GDP per capita. It is influenced by factors like…

Q: The development model of public sector growth focuses more on economic choice and less on exogenous…

A: Exogenous choices are the choices that influences externally on the identity of a place.

Q: What are the disadvantages/limitations of Endogenous growth theories

A: According to endogenous growth theory, economic growth is generated from inside a system using…

Q: How can technology and interventions in development offset the pressures of population growth? Under…

A: How can technology and interventions in development offset the pressures of population growth? Basic…

Q: Discuss three public policies that can facilitate growth in a caribbean economy

A: Economic growth refers to an increase in the market value of goods and services over a period of…

Q: Enlist the four approaches of classical theories of economic development and how linear stages…

A: Classical growth theory was developed by (mostly British) economists during the Industrial…

Q: As formulated by Malthus, the Malthusian theory of population growth, proved ______. a. that food…

A: Malthusian theory of population growth says that the population is increasing at the rapid speed…

Q: Discuss THREE public policies that can facilitate economic growth in a Caribbean economy.

A: The public policies adopted in the Caribbean economy to facilitate economic growth can be understood…

Q: How significant an issue is this for the countries studied?  Consider the implications of income…

A: Economic inequality can be quantified in a variety of ways, the most common of which are the income…

Q: List THREE public policies that can facilitate economic growth in a Caribbean economy.  Use at…

A: Answer - Caribbean Economy - It is the series of island .The economy of these island depend on…

Q: Discuss to the citizens the endogenous growth model and justify to them if it has any relevance to…

A: The New growth theory or Endogenous growth models considers the technological progress an endogenous…

Q: Outline the basic features of Solow model with Human capital. Explain why Human capital is a key…

A: 1a) Basic features of solow model with human capital  The exogenous rate of TFP(total factor…

Q: iven the binding constraints above, which of the following sources of economic growth is the South…

A: Economic constraints are external restraints that a corporation has that can impact its success or…

Q: TRUE OR FALSE 1. A high fertility rate reduces the per capita income, be it the Gross National…

A: Note: Since, you've posted question with multiple sub-parts, we will solve the first the first three…

Q: Describe the Lewis Theory of Economic Development comprehensively?

A: ED {Economic development} is a comprehensive concept and it implies progressive changes in the…

Q: Which of the following is most likely to contribute toeconomic growth as measured by GDP per capita?…

A: Economic growth:   Economic growth is represented by an increase in the production of the goods and…

Q: a. In addition to investment in physical and human capital, what other public policies might a…

A: Hi! Thank you for the question As per the honor code, We’ll answer the first question since the…

Q: Analyse the constraints that hamper south Africa's economic growth.

A: The economy of South Africa(SA) is an emerging economy. It is the biggest and wealthiest nations of…

Q: TRUE OR FALSE (include explanation) • Economic growth means economic development

A: Economic growth and Economic development are two different indicators and should not be confused…

Q: Explain the contributions of entrepreneurship in economic development

A: The entrepreneur is defined as someone who has the ability and desires to create, manage, and…

Q: Natural resources are the decisive ingredient in any country's prospects for economic growth. True…

A: here we state whether the give statement is true or false as given below;

Q: Thoroughly explain the key differences and similarities between the Solow, Malthusian and endogenous…

A: The Solow model is an economic growth model that examines the change in the output level in an…

Q: Explain the impact of entrepreneurship in economic development.

A: ENTREPRENEURSHIP Entrepreneurship refers to a process of setting up an enterprise i.e. business by…

Q: Thomas Malthus presented a dismal forecast for man-kind, largely due to the effects of population…

A: As per Malthusian theory, population increases exponentially but food supply arithmetically.…

Q: Identify one nation that seems to be defying Malthus population growth theory in the 21st-century…

A: Malthus theory of population postulates that population rises at the geometrically but food…

Q: how relevance are dependency theories today in explaining the development processes and relationship…

A: In economics, the theory of dependency is a concept to understand the underdevelopment of an economy…

Q: Which of the following is the cost of economic growth? a. sacrifice of greater safety b.…

A: Opportunity cost of workers time would lead to economic growth.

Q: May I know why the endogenous growth model that represents standard of living and economic growth is…

A: Endogenous growth model: - Endogenous growth models are based on the innovation of human capital…

Q: How would the objective of economic growth through free markets conflict with an objective of social…

A: Economic growth through free markets is based on efficiency i.e. the producers are selling at a…