This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In the African nation of Senegal, to enroll in school a child needs a Birth Certificate that costs ... (Read 83 times)

erika

  • Hero Member
  • *****
  • Posts: 522
on: Jun 29, 2018
In the African nation of Senegal, to enroll in school a child needs a Birth Certificate that costs 25 . This price is several weeks' income for many families. Explain how this requirement is likely to affect the growth of human capital in Senegal.
 
  What will be an ideal response?

Question 2

During the 1990s, Japan experienced periods of deflation and very low nominal interest rates, approaching zero percent. Why would lenders of money agree to a nominal interest rate of almost zero?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kristenb95

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Jun 29, 2018
Answer to Question 1

Human capital growth depends, in part, on the extent of school-ing: More schooling means more human capital. Because of Senegal's hefty fee for a required Birth Certificate, fewer children will enroll in school, thereby decreasing Senegal's human capital growth.

Answer to Question 2

With the deflation, the real interest rate exceeded the nominal interest rate. Lenders were making their decisions based on the higher real interest rate, not the very low nominal interest rate.


erika

  • Member
  • Posts: 522
Reply 2 on: Jun 29, 2018
:D TYSM

mcarey591

  • Member
  • Posts: 365
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Concept of Birth by Children Concept of Birth by Children
South African cave sites. South African cave sites.
During the Pullman strike in Chicago, workers protesting wage cuts did $340,000 in property damage, During the Pullman strike in Chicago, workers protesting wage cuts did $340,000 in property damage,
African dancing mask from Ulivira, Lake Tanganyika. African dancing mask from Ulivira, Lake Tanganyika.
School age (late childhood): 6–12 years, or to puberty. School age (late childhood): 6–12 years, or to puberty.
Lemon shark giving birth to young that recently hatched in her body. The young were nourished by egg Lemon shark giving birth to young that recently hatched in her body. The young were nourished by egg
Video: Haustral churning, Gastrocolic reflex and mass peristalsis & Defecation

For a complete list of videos, visit our video library