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IN PROJECT MANAGEMENT IN PUBLIC SECTOR OF GHANA DOES THE INFLUENCE CURVE STILL RELEVANT?
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- (ii) To what extent is the stage theory of Rostow applicable to underdeveloped countries?dont use chatgpt answer In the specific-factors model, labor migration from Mexico to the United States will cause _________ in U.S. low-skilled wages and _________ in Mexican low-skilled wages. A) increases; decreases B) increases; increases C) decreases; decreases D) decreases; increasesIn Raphael Kingdom, it is known that at a point in time the people depended on benevolence to meet their consumption. This amounted to $200, however every $ 1; 80% goes to consumption. Additionally, the rich people of Raphael Kingdom carried the economy on their shoulders. This led to them putting $ 800 of their wealth in economy which led to the creation of a lot of jobs for the citizens. The government of the Kingdom supports production efforts by an amount of $ 400 as well as creating the enabling environment for all persons in the kingdom. Goods produced in the kingdom were consumed locally none of was exported or imported. The tax structure of kingdom consists of a lump sum tax of $ 100 and a proportional income tax rate of 2%. Given that you have been recruited as an expert to examine the economy of the Kingdom what will your advice or response to the following questions be? Derive the consumption and saving functions for the kingdom explain the components of the…
- Consider an overlapping generations model. Suppose population grows at a 2% rate, and wage grows at a 6% rate. Generation 2 has 500 people, who have an average salary of $30,000, and everyone pays 8% of their income to generation 1. What is the total amount generation 2 pays to generation 1? If generation 3 pays generation 2 the same dollar amount gen-eration 2 paid generation 1, what percentage of their income dothey pay?What are the things that we can learned from Adam Smith's Wealth of Nation that related to modern economics and how we can make him as a role model?How do Social science theories typically deal with aggregated behavior?