Chapter 18: Q. 18.1LO (page 397)
Explain why population growth can have uncertain effects on economic growth.
Short Answer
There is a collection quantity of land, increment will eventually reduce the number of resources.
Chapter 18: Q. 18.1LO (page 397)
Explain why population growth can have uncertain effects on economic growth.
There is a collection quantity of land, increment will eventually reduce the number of resources.
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Get started for freeFor each of the following situations, explain which of the policy issues discussed in this chapter relates to the stance the institution has taken.
a. The World Bank offers to make a loan to a company in an impoverished nation at a lower interest rate than the company had been about to agree to pay to borrow the same amount from a group of private banks.
b. The World Bank makes a loan to a company in a developing nation that has not yet received formal approval to operate there, even though the government approval process typically takes months.
c. The IMF extends a loan to a developing nation's government, with no preconditions, to enable the government to make already overdue payments on a loan it had previously received from the World Bank.
Suppose that a foreign resident is contemplating buying 5 per cent of the shares of a company based in a developing nation but is experiencing difficulty determining whether the firm is riskier than others in that country. What type of investment is this foreign resident considering, and what type of asymmetric information problem is he or she experiencing?
In terms of the basic arithmetic of economic growth, through what mechanism do improvements in labor and capital productivity help to boost the rate of growth of per capita real GDP?
Consider Table 18-1. Based on the basic arithmetic of economic growth, what were the average annual rates of real GDP growth since 1990 for those nations experiencing positive rates of annual growth of per capita real GDP?
Over the entire interval since 2000, which group of countries has experienced a higher rate of economic growth: emerging and developing nations or advanced nations?
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