Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jan 30, 2020

Economic growth is said to be a necessary but no sufficient condition to eradicate absolute poverty and reduce inequality. What is the reasoning behind this

Economic growth is said to be a necessary but no sufficient condition to eradicate absolute poverty and reduce inequality. What is the reasoning behind this argument?

Step by Step Solution

★★★★★

3.34 Rating (166 Votes )

There are 3 Steps involved in it

Step: 1

Most development economists agree that the level and growth rate of GNI per capita income does not a... 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

Statistics For Business Decision Making And Analysis

Authors: Robert Stine, Dean Foster

2nd Edition

978-0321836519, 321836510, 978-0321890269

More Books

Students also viewed these Economics questions

Question

★★★★★

A game involving chance is said to be a fair game if the expected amount won or lost is zero. Consider the following arcade game. A player pays $1 and chooses a number from 1 to 10. A spinning wheel...

Answered: 1 week ago

Question

★★★★★

A matrix is said to be a semi-magic square if its row- sums and column sums (i.e., the sum of entries in an individual row or column) all add up to the same number. An example is whose row and column...

Answered: 1 week ago

Question

★★★★★

What is the reasoning behind the fact that an infinite stream of cash flows has a finite present value?

Answered: 1 week ago

Question

★★★★★

A psychologist shows a list of eight activities to a subject in an experiment. How many ways can the subject pick a first, second, and third activity? a. Identify the total number of objects n and...

Answered: 1 week ago

Question

★★★★★

Neighborhood Realty, Incorporated, has been operating for three years and is owned by three investors. S. Bhojraj owns 60 percent of the total outstanding stock of 9,000 shares and is the managing...

Answered: 1 week ago

Question

★★★★★

=+The cash payments and purchases journals for Natural Creation Landscaping Co. are shown below. The accounts payable control account has an April 1, 2010, balance of $3,140, consisting of an amount...

Answered: 1 week ago

Question

★★★★★

=+What is the response variable?

Answered: 1 week ago

Question

★★★★★

Transaction data For Crofoot Real Estate Agency are presented in E3-7. Instructions Journalize the transactions. Do not provide explanations. From E3-7 Oct. 1 Stockholders invest $30,000 in exchange...

Answered: 1 week ago

Question

★★★★★

Huxtable charges manufacturing overhead to products by using a predetermined application rate, computed on the basis of machine hours. The following data pertain to the current year. Budget...

Answered: 1 week ago

Question

★★★★★

(3pts each) During a trip to a casino, Adam Horovitz plays his favorite casino game 10 times. Each time he plays, he has a 41% chance of winning. Assume plays of the game are independent. a. What is...

Answered: 1 week ago

Question

★★★★★

Good Morning Food, Inc. is using the profitability index (PI) when evaluating projects. You have to find the PI for the company's project, assuming the company's cost of capital is 9.61 percent. The...

Answered: 1 week ago

Question

★★★★★

Question 1 Suppose there are only two goods in the economy: Yo-yos and Marbles. Bob only cares about his consumption of Yo-yos; the more Yo-yos he has the happier he is, regardless of his consumption...

Answered: 1 week ago

Question

★★★★★

Mar Company has two decentralized divisions, X and Y. Division X has always purchased certain units from Division Y at $75 per unit. Because Division Y plans to raise the price to $100 per unit,...

Answered: 1 week ago

Question

★★★★★

Salem-Winston Corporation is emerging from reorganization proceedings under Chapter 11 of the bankruptcy laws. The company's balance sheet shows total assets of $4,500,000, liabilities subject to...

Answered: 1 week ago

Question

★★★★★

Q11 A car is moving at constant speed in a straight line with the engine providing a driving force equal to the resistive force F. When the engine is switched off, the car is brought to rest in a...

Answered: 1 week ago

Question

★★★★★

Describe what management should understand and consider about network technologies, protocols, and convergence. Identify some advantages and challenges associated with networks.

Answered: 1 week ago

Question

★★★★★

12. Cost allocation. Use the information in Exhibit 12.12 to answer these questions a. Dick Clark, the new administrator for the surgical clinic, was trying to figure out how to allocate his indirect...

Answered: 1 week ago

Question

★★★★★

Write a function that reads a Float24_t value: Float24_t float24_read(void) A legitimate float24 value string is of the form: "mantissabexponent" where the mantissa (m) and the exponent (e) may have...

Answered: 1 week ago

Question

★★★★★

A firm operates a large, direct-to-consumer sales force. The firm would like to build a system to monitor the progress of new agents. The goal is to identify superstar agents as rapidly as possible,...

Answered: 1 week ago

Question

★★★★★

Collinearity among the predictors is common in many applications, particularly those that track the growth of a new business over time. The problem is worse when the business has steadily grown or...

Answered: 1 week ago

Question

★★★★★

This histogram shows the distribution of the amount of sales tax (as percentages) in the 50 states and District of Columbia. (a) About how many states charge between 4% and 5% sales tax? (b) Estimate...

Answered: 1 week ago

Question

★★★★★

=+d. Write the hazard function. Is the failure rate increasing, decreasing, or flat?

Answered: 1 week ago

Question

★★★★★

=+46. Intravenous (IV) tubes that deliver liquids (drugs, saline solution, food, etc.) to medical patients are connected by inserting a plastic prong (called a canula) from one tub through a rubber...

Answered: 1 week ago

Question

★★★★★

=+b. Construct the control limits for the p chart.

Answered: 1 week ago

Previous Question Next Question