Development economics must have a scope wider than traditional economics because ______________. a. transformation of social institutions is necessary for development b. people in developing societies do less utility-maximizing c. values and attitudes play little role in the pace of development d. all of the above
Development economics must have a scope wider than traditional economics because ______________. a. transformation of social institutions is necessary for development b. people in developing societies do less utility-maximizing c. values and attitudes play little role in the pace of development d. all of the above
Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter19: Economic Growth In Developing Nations
Section: Chapter Questions
Problem 26AA
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Development economics must have a scope wider than traditional economics because ______________.
a. transformation of social institutions is necessary for development
b. people in developing societies do less utility-maximizing
c. values and attitudes play little role in the pace of development
d. all of the above
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