Does it follow from the false-paradigm model that World Bank economists are intentionally trying to keep developing countries from realizing genuine development? Why or why not?
What will be an ideal response?
It does not exclude this possibility, but suggests that this may be done unwittingly as a result of having to work within narrow policy parameters defined by the international economic system.
Economics
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When the firms in a perfectly competitive market are incurring economic losses, some of the firms will exit the market, causing the supply curve to shift left and market price to rise until losses incurred by the remaining firms are eliminated
Indicate whether the statement is true or false
Economics
In order to increase tax revenue, the government of Quorta decides to impose an excise tax. Which of the following goods should it tax?
a. Candy b. Beer c. Gasoline d. Restaurant meals
Economics