ECON MICRO
5th Edition
ISBN: 9781337000536
Author: William A. McEachern
Publisher: Cengage Learning
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Question
Chapter 21, Problem 4.5P
To determine
The issues faced when foreign aid is used as a measure to lead to a more productive economy to result in economic development.
Concept Introduction:
Tied Aid − It is the aid given with some conditions attached.
Untied Aid − It refers to the aid given without any conditions.
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Question - 1
A) how are rules and governance important to economic Development and growth?
B) how can international aid assist countries with economic development? Can international aid also cause problems?
C) what can be done to Assist development countries?
4. Consider the following information about a developing country:
Income per capita
$1037
Life expectancy
43 years
Adult literacy
53%
Gross enrollment
46%
(a) Income index =
(b) Life Expectancy index =
(c) Education index =
Chapter 21 Solutions
ECON MICRO
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