This argument makes sense as some economists suspect that one of the reasons that economies in developing countries grow so slowly is that they don't have well-developed financial markets.
Why do economies in developing countries grow slowly?
The financial market is crucial for facilitating the flow of funds from individuals to investors to promote economic efficiency. It is exceedingly expensive and challenging to establish efficient financial markets in underdeveloped markets in emerging countries, which hurts economic growth.
What causes a country to grow faster than another country?
The labor force in nations having access to new technology and/or a wealth of research and development is frequently more productive than in nations without such access. Economic growth accelerates as productivity rises.
Learn more about financial markets: brainly.com/question/16623249
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Answer:
Disability Discrimination
Explanation:
Disability Discrimination is a form of inequity or unfairness that individuals aer forced to witness, endure or suffer as a result of their association with a disabled person, a perceived disability or an actual disability. This discrimination arise in different situations and they are both physical and mental.
Disability discrimination is often witnessed in employment in issues including; recruitments, promotions, trainings, lay-ffs, leaves, benefits and payments.
In this particular question, disability discrimination is a kind of inequity obvious in the fact that Paralympic athletes are only paid 10 percent of what the Olympic athletes receive, despite the fact that they are engaged in similar physical activities. The fact that is the same U.S Olympic Committe (USOC) that pays both set of athletes makes it a form of employment inequity in form of disability discrimination.
Answer:
$16,667
Explanation:
Given that
Cash flows = $1,000
Growth rate = 6%
Interest rate = 12%
So by considering the above information, the amount would be
Amount = Cash flows ÷ (Interest rate - growth rate)
= $1,000 ÷ (12% - 6%)
= $16,667
We simply applied the above formula so that the amount could come by considering the given information
Trade restrictions tend to preserve relatively few jobs in the protected industries and lead to job losses in other industries. Trade restrictions can vary from quotas, embargoes, standards, subsidies, tariffs and more that make it hard to trade (important/export) goods between two companies and also set prices for these. Depending on what is allowed and what is not different industries can benefit from the trade restrictions and some can be harmed by them.
Answer: The correct answer is " b. variables measured in terms of money but not variables measured in terms of quantities or relative price".
Explanation: According to classical macroeconomic theory, changes in the money supply affect variables measured in terms of money but not variables measured in terms of quantities or relative price.
