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Author Question: Improving agriculture's terms of trade involves a. increasing the amount of goods available to ... (Read 209 times)

chandani

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on: Jun 30, 2018
Improving agriculture's terms of trade involves
 
  a. increasing the amount of goods available to farmers
  b. increasing the number of markets in which farmers can sell
  c. increasing the amount of credit available to farmers
  d. increasing the relative price of agricultural goods compared to manufactured goods
  e. none of the above

Question 2

Summarize the debate over the interrelationship between inequality and growth. What kinds of inequality are most crucial to the discussion?
 
  What will be an ideal response?


DHRUVSHAH

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

The debate includes whether there is a regular relationship between inequality and growth (Kuznets' inverted U), and whether greater equality contributes to growth. A distinction should be made between equality of income and equality of assets, including land and human capital.


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