In relative terms, what accounts for more of the growth slowdown, if we break it down to just human capital and TFP?

Q: Explain the role of human capital in economic development

A: According to the given question Human capital in economics is defined basically as an human resource…

Q: Which of the following statements is true with respect to the economic effects of controlling…

A: In the mentioned question we have been asked about the economic effects if controlling population…

Q: Developing country needs FDI to promote its own economic growth. Do you agree or disagree? What…

A: A)  Becsuse FDI and economic development are positively depending on each other. Accordingly, Yes…

Q: in relative terms, what accounts for more of the growth slowdown, if we break it down to just…

A: Investment: It is the value of money that is being put forward or allocated by the Businesses or…

Q: What is average labour productivity? Explain how average labour productivity can impact economic…

A: Labor economics deals with the transactions and dealings in the labor market where the labor…

Q: Population growth surges rapidly

A: Meaning of Macroeconomics: The term macroeconomics refers to the situation of economic and…

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

A: Development refers to the growth of the economy of a nation along with socio-economic factors such…

Q: Modern economic growth theory asserts that "depending up on how much human capital they have, and…

A: The above statement is - TRUE

Q: Use the case to explain why international growth rates vary?

A: The growth rate of an economy is the % change in the value of all the services and goods produced…

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: How GCC countries can avoid negative economic growth?

A: GCC countries will prevent negative growth by growing oil production in order to satisfy the high…

Q: Given the diversity of developing countries, do you think that there could ever be a single, unified…

A: Meaning of Economic Development: The term economic development refers to the situation under which…

Q: Given the diversity of developing countries, do you think that there could ever be a single, unified…

A: Diversity: It means the situation of having different elements.

Q: Define the terms 'Population Growth'?

A: While studying economics, one will go through with various economic terms that itself defines the…

Q: development in an ec

A: Depending upon the balance of the number of births and deaths, the change in the population size…

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: 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: How poor countries can sustain high growth and development? Explain in detail.

A: Economic growth is considered to be the increase in GDP and higher productivity and economic…

Q: Distinguish between the views held by Malthus and Solow as to the role population plays in achieving…

A: Thomas Robert Malthus was a renowned eighteenth British economist who wrote "An Essay on the…

Q: Economic growth is said to be a necessary but not a sufficient condition towards development.…

A: Economic growth is a notion that reflects on the aggregate economic aspect of a specific nation and…

Q: Justify the importance of trade blocs for regional economic growth.

A: Economic growth is the process of raising the value of the economy's ultimate goods and services.…

Q: Disaggregation on inputs was introduced in the capital market as economic growth models became more…

A: Economic Growth Economic growth refers to the increment in the economic factors of the economy of a…

Q: Economic growth dynamics?

A: Economic growth dynamics is concerned with the economy's oscillations. The majority of economic…

Q: Reinterpret the endogenous growth model in this chapter as follows. Suppose that there are two…

A: According to the endogenous growth concept, economic growth is predominantly driven by internal…

Q: Harrod-Domar Model of Economic Growth Theory of Development

A: According to the Harrod Domar Model, the rate of economic growth is determined by two factors-…

Q: How does labor and capital disaggregation affect less developed countries that want robust economic…

A: Asymmetric information is a basic friction in the labor market that causes mismatches and efficiency…

Q: Which of the following policies would economists consider to be actions that a DVC government might…

A: The developing countries are those countries that have low gross domestic product per capita and…

Q: How can we prevent population growth?

A: Population has become the biggest problem in today's time. It slows down economic development and…

Q: Is the Philippines follow inward-oriented growth or outward-oriented growth? Why?

A: Phillipines have mostly concentrated on exports to develop their economy and government has…

Q: discuss the challenges of using a growth pole strategy to design a development plan?

A: Growth poles are comprised of multiple simultaneous investments being coordinated through out many…

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: The government recognized that continued population growth does not necessarily have negative effect…

A: In Malaysia, twelve five year plans are introduced till now and they all have their significance…

Q: Over a ten year period, country A and Country B had the same saving rates, but the result of the…

A: Economic growth of a country judged through GDP growth rate. The components of GDP are Consumption…

Q: Discuss the features for assisting the growth process of nations towards becoming developed…

A: Economic growth is the process by which a country's wealth grows over time. Although the term is…

Q: There are three sets of economic growth through increases in technology. Describe how those three…

A: Economic growth is estimated by an expansion in total national output (GDP), which is characterized…

Q: Why is a strictly economic definition of development inadequate?  What do you understand economic…

A: Traditionally, GDP is used to determine the development of the economy. However, it does not reflect…

Q: Why is economics central to an understanding of the problems of development?

A: The development of an economy is based on the development of the infrastructure, the industries and…

Q: Do

A: Economic development is the primary objective of the government because it creates wealth in the…