Principles of Microeconomics (12th Edition)
12th Edition
ISBN: 9780134078816
Author: Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher: PEARSON
expand_more
expand_more
format_list_bulleted
Question
Chapter 21, Problem 2.10P
To determine
What are the positive effects that the increased government spending on the rural, flood-prone areas of the country B.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
Belize Prime Minister took $30 million loan from the Social Security Board, for constructing of administrative buildings on government-owned land on Lake Independence Boulevard.
Can this level of expenditure contribute to the economic growth of Belize or helped lower poverty among the population?
Discuss briefly the rural development process in Kenya and clearly illustrate the application of constituency development fund (CDF) in rural development strategy.
Explain how civil wars, population growth, and public policy decisions have contributed to periodic famines in Africa.
Chapter 21 Solutions
Principles of Microeconomics (12th Edition)
Knowledge Booster
Similar questions
- In this chapter Wheelan also discusses the role of developed economies in alleviating (reducing) poverty in less developed economies. To this purpose, he draws from works of development economists such as William Easterly, Jeffrey Sachs, and others. Of the statements listed below which would Wheelan and the other quoted authors NOT AGREE to be effective or well-directed economic development strategies to alleviate global poverty? Group of answer choices Most of the difference between the huge success of East Asia and the relatively poor performance of South Asia, sub-Saharan Africa, and Latin America can be explained by the differences in their government policies. Traditional aid projects to the less developed economies have been inflexible and ineffective. Impoverished nations are caught in a poverty trap, and only capital from developed nations will rescue them. The primary stumbling block to development in poor countries has been the bad advice they received from the rich…arrow_forwardWhat are some additional distinctions of urbanization in less developed and more developed countries?arrow_forwardWhich of the following would tend to underestimate social well being as measured by real GDP (RGDP) per capita? RGDP per capita does not consider the value of environmental goods and services to society RGDP per capita includes the services of companies hired to clean up environmental disasters. RGDP per capita does not consider the value of goods produced for ones own consumption such as home cooked meals. No adjustment is made to account for the depletion or degradation of natural resources.arrow_forward
- usearrow_forwardSix weeks after the Ganges and other rivers flowing into Bangladesh burst their banks; the government is grappling with a disaster whose size it failed to acknowledge until the homes, livestock and crops of millions of people had been swept away. So far, over 700 Bangladeshi have been killed. More than 22 million have been made homeless or left marooned by the deluge, which now covers two- thirds of the country. Health officials fear that disease, spread by increasingly foul water, will greatly increase the number of victims. It took a month for the authorities to overcome their reluctance to call for outside help. Then, in August, the government appealed for $ 880 million, a huge amount for Bangladesh, which is one of the world’s poorest countries The finance minister says much of the money is needed for the emergency aid but for reconstruction. In many places roads, bridges and electricity lines have been damaged or destroyed. Relief agencies say hunger and…arrow_forwardGive me answer in 30 minutes without plagiarismarrow_forward
- List the variety of policy tools available to government for increasing the rate of return for new technology and it's encouraging development.arrow_forwardList two unethical issues that occurred within the last five years in your home country that impacted your nation. Compare this with one other country of your choice. Which of these two unethical issues do you believe will happen again unless something is done on a governmental level in your country? (approximately 250 words).arrow_forward1. Haiti is one of the poorest countries in the world. Suppose you were asked to be an advisor to the policymakers of Haiti. Please briefly discuss two policies that you would recommend to them to promote economic development in their country.arrow_forward
- A key theme of criticism of globalization is that it seems to unfairly reward the rich and punish the poor. One way to think about this is to look at the issue of income inequality. Technically, income inequality is the unequal distribution of household or individual income across the various participants in an economy. Income inequality is often presented as the percentage of income to a percentage of population. For example, a statistic may indicate that 70% of a country's income is controlled by 20% of that country's residents. Work on income inequality in the USA shows the change in income between 1980 and 2014 for every point on the distribution of people in terms of income percentile that is, we can track the changing distribution of income, from the poorest person to the richest person over that time span. As seen in the chart below, it’s mostly flat and close to zero, before spiking upward at the end—as such, some say it resembles a classic hockey-stick graph. Based on this…arrow_forwardOne of the unanticipated consequences of Deng Xiaoping’s economic reform is the issue of China’s left-behind children. This lost generation is mostly the offspring of migrant workers forced to leave villages for cities in search of jobs. Some have argued that as China’s economy grows, nothing highlights the human cost quite like the issue of left-behind children. What will be the negative impacts for China if the government does not deal with it properly?arrow_forwardDifferentiate among the basic measures of urbanization.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you