Author Question: What are some of the main ways in which the economies of developing countries differ from one ... (Read 125 times)

Chelseaamend

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What are some of the main ways in which the economies of developing countries differ from one another?
 
  What will be an ideal response?

Question 2

The price reflecting the true social opportunity costs of a resource is known as
 
  (a) a shadow price.
  (b) an equilibrium price.
  (c) a world price.
  (d) a price index.



nyrave

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Answer to Question 1

See the Key Concepts above for a summary.

Answer to Question 2

A



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nyrave

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