Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Mar 28, 2023

Distinguish between economic growth and economic development. Evaluate the measurements of economic development.

Distinguish between economic growth and economic development. Evaluate the measurements of economic development.

Step by Step Solution

★★★★★

3.48 Rating (165 Votes )

There are 3 Steps involved in it

Step: 1

The detailed answer for the above question is provided below Ans Economic growth and economic development are two related yet distinct concepts in eco... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Using Econometrics A Practical Guide

Authors: A. H. Studenmund

7th edition

013418274X, 978-0134182742

More Books

Students also viewed these Economics questions

Question

★★★★★

It is said that a market consists of buyers and sellers with facilities communicate with each other. (a)Using relevant examples, explain how society answers the three basiceconomic questions in an...

Answered: 1 week ago

Question

★★★★★

Economic development is an increase in per capita income and changes towards modernization. The changes towards modernization are an improvement in pro- ductivity, institutions and attitudes and a...

Answered: 1 week ago

Question

★★★★★

Historically there has been a close correlation between economic growth and environmental degradation. Is it possible to be sustainable and profitable?

Answered: 1 week ago

Question

★★★★★

A machine requires three hours to make a unit of Product A and nine hours to make a unit of Product B. Last month the machine operated for 957 hours, producing a total of 145 units. How many units of...

Answered: 1 week ago

Question

★★★★★

Working in a team choose one of the following design critique problems: a. Print What principles govern the design of a magazine ad? Collect two sample ads, one you consider a good example of...

Answered: 1 week ago

Question

★★★★★

Social Security and Medicare ______. a. Are considered welfare programs b. Are only received by senior citizens with low incomes c. Together make up the majority of all federal transfer payments d....

Answered: 1 week ago

Question

★★★★★

Explain how race, ethnicity, prejudice, discrimination, and stereotype threat might affect student learning and achievement in schools.

Answered: 1 week ago

Question

★★★★★

In 2011, Pringle Company reported earnings per share of $9.50 when its stock was selling for $228. In 2012, its earnings increased by 13 percent. If all other relationships remain constant, what is...

Answered: 1 week ago

Question

★★★★★

Units of production data for the two departments of Continental Cable and Wire Company for November of the cunrent fiscal year are as follows: Department 5,100 unts, 35% Department 3.100 units, 79%...

Answered: 1 week ago

Question

★★★★★

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8623732/pdf/nutrients-13-03884.pdf Please read and critique this article answering the following questions in paragraph form: 1. What is the hypothesis...

Answered: 1 week ago

Question

★★★★★

When you begin to understand non-profits, donations are extremely important to enable the nonprofit to continue and expand its mission. Just as it happens in business, nonprofits look to expand their...

Answered: 1 week ago

Question

★★★★★

Shares in the Canadian maker of BlackBerry smart phones peaked in August 2007, at two hundred and thirty six dollars. In retrospect, the company was facing an inflection point and was completely...

Answered: 1 week ago

Question

★★★★★

5. (18 points) Solve the following integrals: (a) (4 points) | [+1 + (1.43) 50 + (r)] +=(1.43) - 50+ sec(x) dr. 2 (b) (4 points) (23 2w-cos(w)+ 3 w2 + 1 ) dw. (c) (5 points) [9t(1 + 1)- dt. (d) (5...

Answered: 1 week ago

Question

★★★★★

a) Give an example of a discrete random variable and report its domain. b) Give an example of a continuous random variable and report its domain. c) How many X values can your random variable example...

Answered: 1 week ago

Question

★★★★★

? Learn By Doing Adult male height (X) follows (approximately) a normal distribution with a mean of 69 inches and a standard deviation of 2.8 inches. a. What proportion of males are less than 65...

Answered: 1 week ago

Question

★★★★★

Under the Age Discrimination in Employment Act, how long must employers maintain specific information ( name , address, date of birth, occupation, rate of pay ) for each employee and applicant?

Answered: 1 week ago

Question

★★★★★

Develop a personal leadership philosophy incorporating biblical, and ethical leadership principles. Read the following: Rodin, Chapter 7 . Northouse, Chapter 1 5 .

Answered: 1 week ago

Question

★★★★★

An item of depreciable machinery was acquired on 1 July 2009 for $120,000 by cash It is expected to have a useful life of 10 years and zero salvage value On 1 July 2012, it was decided to revalue the...

Answered: 1 week ago

Question

★★★★★

Lets return to the model of Exercises 3-7 and 5-8 of the auction price of iPods on eBay. In that model, we used datafile IPOD3 to estimate the following equation: Where: PRICE i = the price at which...

Answered: 1 week ago

Question

★★★★★

Some farmers were interested in predicting inches of growth of corn as a function of rainfall on a monthly basis, so they collected data from the growing season and estimated an equation of the...

Answered: 1 week ago

Question

★★★★★

Lets get some more experience with the six steps in applied regression. Suppose that youre interested in buying an Apple iPod (either new or used) on eBay (the auction website) but you want to avoid...

Answered: 1 week ago

Question

★★★★★

11. When light strikes a receptor, does the receptor excite or inhibit the bipolar cellspg99 What effect does it have on horizontal cellspg99 What effect does the horizontal cell have on bipolar...

Answered: 1 week ago

Question

★★★★★

6. Suppose a bipolar cell receives excitatory input from medium-wavelength cones and inhibitory input from all three kinds of cones. When it is highly excited, what color would one seepg99 When it is...

Answered: 1 week ago

Question

★★★★★

27. Many people with schizophrenia take drugs that block dopamine synapses. After prolonged use, the side effects include frequent involuntary movements. What is one possible explanationpg99

Answered: 1 week ago

Previous Question Next Question