Q: please redo the problem
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What are the potential long-term consequences of implementing a universal basic income policy on a national economy?
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- Kindly answer this as soon as possible. Urgent And answer in full and detailed manner. Explain the many ways in which developing countries may differ in their economic, social, and political structures.All of the following are ways in which developing countries normally accrue legal revenue for the annual GDP EXCEPT. a. Remittances b. Foreign direct investment c. Overseas developmental assistance d. Money laundered through drug trafficking and cartelsGive a context about the issue of debt in developing countries.
- How can you apply the concepts of supply and demand in making decisions necessary for the attainment of national development?What problems would arise if a developing country defaulted on its external debt? Who would be hurt? What policies would you recommend to ease external debt problems, and what would be the effects of these policies on borrowing countries?Should the rich be taxed more or not? Discuss this concept giving concrete examples of both pros and cons to the chosen option especially in a developing country context?
- Goods and Services) Explain why each of the following would not be considered “free” for the economy as a whole: Food stamps U.S. aid to developing countries Corporate charitable contributions Noncable television programs Public high school educationCan sustainable development removes the gap between the rich and the poor? Cite an example and justify your answer. How do the government uses the monetary and fiscal policy to achieve economic development? Justify. Is FDI (foreign direct investment) beneficial for a country in achieving economic development? Justify your answer.Aside from China and India, which among the developing countries possess the elements or characteristics that will make it rise above the middle-income trap?
