Explain some of the reasons why developing countries have not realized a greater positive development impact from their higher education programs
What will be an ideal response?
Lack of program focus on the needs of the country and lack of mechanisms to ensure college graduates have the incentives to apply their abilities to pressing development needs. See the chapter.
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Suppose commodity demand is stronger than expected, and money demand is stable
If the Fed is targeting the interest rate, it notices the rate is ________ its target, and action to correct this, shifting the LM curve to the ________, causes GDP to ________ natural GDP. A) below, right, fall back toward B) below, right, rise further toward C) below, left, rise further from D) above, left, fall back from E) above, right, rise further from
Immigrants were valued as a vital source of labor and, consequently, they were greeted with open arms after the 1830s
Indicate whether the statement is true or false
If the supply of labor to a monopsonist is everywhere unit elastic, and the marginal expenditure equals $1, then the wage will equal
A) $0.50. B) $0.75. C) $1.00. D) $2.00.
Which one of the following is a way to get out of a repeated Prisoner's Dilemma Nash Equilibrium?
a. Do not be provoked b. Do not be easily provoked c. Be easily provoked d. All of the above