Sen's Functioning's refers to Select one: O a. How various individuals use their assets/commodities O b. The function of government in developing country O c. The true function of development O d. How a society should function O e. All of the above
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- explain 1.Orthodox or conventional economists say that to address unequal growth between the rich and thepoor, the world economy needs to grow more. Do you agree with this idea? Why or why not? 2.What does the term “de-develop” mean? Is it a positive or a negative idea? 3. According to investopdia.com, a steady-state economy is an economy structured to balance growt hwith environmental integrity, seeking to find an equilibrium between production growth andpopulation growth. This type of economy aims for the efficient use of natural resources but alsoseeks a fair distribution of the wealth generated from the development of those resources. Is thistype of economy more plausible than continued, unlimited economic growth? Why or why not?A. Outline how ONE (1) measure that the Human Development Index is used to promote:i. economic growthii. economic developmentB. Assess the use of Human Development Index as an alternate measure of EconomicDevelopment.pleasee quickkk !!!! Long-run economic growth can help alleviate the problems of poverty by... a. Requiring increased saving on the part of most of the population. b. Generating more resources that can be used to reduce income inequality. c. Reallocating income away from low-value production to increase the incentives for high-value production. d. Increasing future consumption for the middle class. e. Creating new low-paying jobs for the unemployed.
- Logically Explain these parts: (a) Explain idea of convergence or catching-up effect in detail? (b)How poor countries can sustain high growth and development?a. when refer to the real GDP growth table, some states had the fastest annual economic growth. Discuss are the states with the fastest growing economies always the states with the largest nominal GDP? b.nominal GDP or real GDP provide more accurate picture of the growth in a state? why c. benefits of economic growth.Please the answer correct please ASAP Don't answer by pen paper please. he golden rule level of capital refers to: Question 19Answer a. the level of capital that maximises output per worker. b. the level of capital that maximises the standard of living. c. the level of capital that maximises the level of output in the steady state. d. the level of capital that maximises consumption per worker. e. the level of capital that maximises consumption per worker in the steady state.
- The base year is 2020. GOOD QUANTITY (2020) PRICE (2020) QUANTITY (2021) PRICE (2021) RULER 1000 R3.00 900 R3.50 PENS 2000 R5.00 2200 R6.00 PENCILS 600 R6.00 500 R7.00 4-Did Abanaman Republic experience economic growth in 2021? Showyour calculations.1) come up with your own definition of economic development, How should it be measured?How does production and growth are related to each other? Compare and contrast. no to plagiarism
- Define/explain following terms in your own words: 1). Unemployment 2). Role of Technology in Economy 3). Human Development Index 4). Islamic Economic System 5). Green Revolution Give me detailed Answer ASAP• The economic growth measures the ____. a. increase in PPP b. increase in education index c. increase in output d. none of the above • According to Rostow, which of the following constitute pre-conditions for take-off? a. Investment rate increase b. Universal primary education c. Development of one or more manufacturing sectors with a high growth rate d. First and second choice e. First and third choiceAnswer of both parts will appreciate and i will rate positive B) how can international aid assist countries with economic development? Can international aid also cause problems? C) what can be done to Assist development countries?