According to our discussion in class, two reasons why capital may not flow to poor countries are that the poorer countries may:.a. have economies unlike those described by a Cobb–Douglas production function and not be subject to diminishing returns to capital. b. have already accumulated high levels of capital relative to labor and may already have access to advanced technologies. c. legally prevent the inflow of foreign capital and provide strong legal protection of private property. d. have inferior production capabilities (such as a low value of A in the production function) and not enforce property rights (so that investments in the poor countries might be expropriated by the governments there).
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Business, 22.06.2019 13:40
Determine if the following statements are true or false. an increase in government spending can crowd out private investment. an improvement in the budget balance increases the demand for financial capital. an increase in private consumption may crowd out private investment. lower interest rates can lead to private investment being crowded out. a trade balance in sur+ increases the supply of financial capital. if private savings is equal to private investment, then there is neither a budget sur+ nor a budget deficit.
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Business, 23.06.2019 14:00
Explain the law of diminishing marginal utility as the basis for the slope of the travellers demand curve
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Business, 23.06.2019 22:30
James lawson has decided to run for a seat as congressman from the house of representatives, district 34, in connecticut. he views his 8-month campaign for office as a major project and wishes to create a work breakdown structure (wbs) to control the detailed scheduling. mr. lawson to develop a wbs by providing details where the blank lines appear.
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According to our discussion in class, two reasons why capital may not flow to poor countries are tha...
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