Based on the HRV growth diagnostic framework and the case study in Box 4.2, what are the binding constraints faced by Brazil, El Salvador and the Dominican Republic and how can these constraints be overcome?
What will be an ideal response?
Explained on page 196
Economics
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What institution or initiative has actively marshaled scientific evidence to remove doubts about the seriousness of global warming?
a. NATO b. the Convention on Biological Diversity c. the Intergovernmental Panel on Climate Change d. the United Nations Economic Program
Economics
Suppose the current equilibrium wage rate for housekeepers is $8.60 per hour. An increase in the minimum wage to $7.50 per hour leads to
A) a surplus of housekeepers. B) a shortage of housekeepers. C) no change in the market for housekeepers. D) an increase in the quantity of housekeepers supplied. E) unemployment of housekeepers.
Economics