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Author Question: Provide a definition of development economics. Justify your choice carefully. What will be an ... (Read 253 times)

CQXA

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on: Jun 30, 2018
Provide a definition of development economics. Justify your choice carefully.
 
  What will be an ideal response?

Question 2

As incomes rise, the income elasticity of demand for food
 
  a. falls below one
  b. becomes equal to one
  c. rises above one
  d. remains stable
  e. cannot be calculated


Edwyer

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

See the section in Chapter 1 entitled, The Nature of Development Economics, on
pages 910 for some ideas about how the students might answer this question. They
should in some way say that development economics is more than just growth in GDP.

Answer to Question 2

A


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