What are the critical health challenges facing developing countries today and what measure(s) are being taken to confront these challenges? Explain your answer
What will be an ideal response?
Combating the burden of diseases (malaria and HIV/AIDS prominent among these) and breaking the vicious circle between lack of health and low productivity.
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Autonomous expenditure is the portion of aggregate expenditure that:
A. equals planned spending. B. is independent of income. C. equals aggregate output. D. equals induced expenditure.
Suppose a presidential candidate makes a statement in a debate whereby he promises that he would encourage the Fed to permanently lower the unemployment rate to 3%
His opponent claims that this type of policy idea is mired in the 1960s and would only cause inflation. Explain what the opponent means.
Historical data on prices and quantities sold do not provide the basis for drawing an accurate demand curve because
A. reporters who gather these data are often wrong. B. factors other than price may change over time. C. they do not include measures of price close to the quantity axis. D. they sometimes tend to be clustered around one point.
If Xit is correlated with Xis for different values of s and t, then
A) Xit is said to be autocorrelated B) the OLS estimator cannot be computed C) statistical inference cannot proceed in a standard way even if clustered standard errors are used D) this is not of practical importance since these correlations are typically weak in applications