Discuss the pattern of allocation of foreign aid by members of the Development Assistance Committee (DAC) to developing countries in recent years. What are the priorities of the DAC members in allocating foreign aid among recipients?
What will be an ideal response?
Amounts contributed by major donors are in Table 14.2 . In terms of where the funds end up and priorities amongst geographic regions are in Table 14.3
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Fill in the blank(s) with the correct words. Hint: along inside outside
a. Points ________ the production possibilities frontier are possible and efficient. b. Points ________ the production possibilities frontier are possible but not efficient. c. Points ________ the production possibilities frontier are not possible.
In the Solow model, if f(k) = 6k0.5, s = 0.1, n = 0.1, and d = 0.2, what is the value of c at equilibrium?
A) 10 B) 10.4 C) 10.8 D) 11.2
A weapons producer sells guns to two countries that are at war with each other. The guns can be produced at a constant marginal cost of $10. The demand for guns from the two countries can be represented as:
QA = 100 - 2p QB = 80 - 4p Why is the weapons producer able to price discriminate? What price will it charge to each country?
Collusion is a situation where businesses:
A. act in their own self-interest and ignore what the other businesses are doing. B. have noncooperative outcomes, because they compete outside the public eye. C. agree to cooperate, and the U.S. government works hard to encourage this behavior. D. agree to cooperate, and their behavior does not serve the public interest.