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- In Analytics, there is a clear danger that we "reduce people to a statistic," e.g., X% is below the poverty line, Y% doesn't have the means for online learning. Why is it then important to frame the right problem statement for our Analytics projects?What are the two main approaches to tackle the problem of global warming and climate change? Next, compare the two approaches along the following dimension: Based on the current state of scientific and economic knowledge, which of the two types of policy is most likely to be cost-effective? Does it mean it will be used? Explain.A5 Subject - economics Choices for first blank are No, Yes or Uncertain
- The 8th National Development Plan (NDP) is the country’s medium-term blueprint designed to unlock the country’s potentials in all sectors of the economy for sustainable, holistic, and inclusive national development covering the period 2022 to 2026. Required Explain how the scope of Public Finance and Development can be achieved using this blueprint.A nation’s population size and the affluence of its citizenseach influence its resource consumption and environmentalimpact. As of 2013, the world’s population passed 7.1 billion,average per capita income was $11,690 per year, and the latest estimate for the world’s average ecological footprint was2.7 hectares (ha) per person. The sampling of data in the tablewill allow you to explore patterns in how population, affluence,and environmental impact are related. Draw a graph illustrating total impact (on the y axis) inrelation to affluence (on the x axis). What do the resultssuggest to you?Economic growth and the prosperity of nations depends upon their access to energy. Without an assured supply of energy production is not possible. Fossil fuels have served as sources of energy for decades. However, in recent years some disadvantages associated with the use of fossil fuels has become obvious. Which of the below IS NOT and HAS NOT BEEN one of the drawbacks of using fossil fuels for the production of goods? Group of answer choices Fossil fuels produce less energy than the non-traditional sources of energy and thus are inefficient. Fossil fuels are associated with environmental damage and possibly even global warming. Fossil fuels are finite, and some day they will run out. Economies that possess fossil fuels such as oil and coal can control supply of these and hike up their prices, and thus deny access to these resources to some countries for political purposes.
- How can monetary policy, fiscal policy and financial sector regulation help in the fight against climate change? What are the economic costs associated with the transition to greener technology? Answer the question using proper references from research articles and journals.COVID-19 has disturbed the overall economies of the world. Whether its developed or underdeveloped countries, all are trying to take precautionary measures to save their citizens. The problem is that taking this matter serious is a challenge in underdeveloped nations as due to lack of education, people are not taking care of others by maintaining social distancing. This is the example of ________________. a. Positive theory b. Law of the world c. None of the options d. Normative theoryExplain about the application of the institutional economics approach (using the economic theory of transaction costs and the theory of property rights in the latest economic issues in Indonesia (case study)! Please solve with step and complete explain long need in 60 minutes
- A senator announces that states should be allowed to re-open their businesses, despite the risk of Covid-19, in order to help the U.S. economy. This is an example of a Question 8 options: A) factual statement B) normative statement C) positive statement D) trade statementWhy is important sustainability for travel 2021? Explain it with the Application of the Business Model Canvas.According to the Department of Statistics Malaysia (DOSM), as of 2020, the country’s share of agriculture stood at 7.4% of the overall GDP, which is comparatively lower than neighbouring countries such as Indonesia (13.7%) and Thailand (8.6%). Nonetheless, 16% of Malaysians are involved in agriculture. The above issues can be mainly attributed to the traditional, labour-intensive farming methods, which require constant monitoring and suffers from high wastage. Explain how the agricultural industry in Malaysia can achieve allocative efficiency.