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Why did the modern economic growth experience of the more developed nations not spread more rapidly to the less developed countries?

also looking for these points


What economic concepts are shown by the PPF?

The Production Possibility Frontier (PPF) illustrates several key economic concepts, including opportunity cost, efficiency, and trade-offs. It shows the maximum possible production levels of two goods, highlighting how resources must be allocated between them. Points on the curve represent efficient production, while points inside indicate inefficiency, and points outside are unattainable with current resources. The slope of the PPF reflects the opportunity cost of shifting resources from one good to another.


What is the Dow Jones close January 15 2016?

On January 15, 2016, the Dow Jones Industrial Average closed at 15,988.08 points. This marked a decrease of 392.41 points, or about 2.4%, from the previous day's close. The drop was part of a broader market decline influenced by concerns over global economic growth and falling oil prices.


What is a ppf?

A PPF, or Production Possibility Frontier, is a graphical representation that illustrates the maximum possible output combinations of two goods or services that an economy can produce given its resources and technology. The curve shows trade-offs and opportunity costs, highlighting the efficient use of resources. Points on the curve represent efficient production, while points inside indicate underutilization, and points outside are unattainable with current resources. This model helps in understanding economic efficiency, scarcity, and the impact of resource allocation decisions.


What is the relationship between the contract curve and perfect substitutes in economic theory?

In economic theory, the contract curve represents the set of points where both parties in a trade can benefit. When dealing with perfect substitutes, where two goods can be exchanged at a constant rate, the contract curve is a straight line connecting the two goods. This means that any point on the contract curve is equally preferred by both parties, as they can trade one good for the other at a fixed ratio.

Related Questions

How are directional terms significant?

North, south, east, and west are significant directional terms. They are the cardinal, or fixed points, on a compass. They are reckoned in terms of the two poles, North and South, whiich are fixed points on the globe.


Are trailing zeros significant figures?

Only in numbers containing decimal points.


What does a economic map look like?

an economic map look like Avery colorful map with a lot of decimal points and is very helpline you mapping skill


Does 17.715 have significant digits?

I know what I believe you to be talking about by another name: Significant figures. Significant figures like decimal points, but they are measured from the front of a number e.g. 3.1234567 to 4 significant figures would be: 3.123


How many significant digits are in this 13.45.0?

It is difficult to tell since there are two decimal points in the number!


Significant battles ot turning points in world war 1?

i dont no go ask you mama


Does certificate 3 in retail count towards your enter score?

Yes, it doesgive you a few points towards your enter score, but they don't make a significant difference in your score. Yes, it doesgive you a few points towards your enter score, but they don't make a significant difference in your score.


On animal crossing wild world what is so significant about the blue dresser?

I don't think that there is anything significant but it is part of the blue collection which will give you HRA points if you get the whole collection!!!


When would dipole dipole be significant?

Dipole-dipole interactions are significant in molecules that have a permanent electric dipole moment due to an uneven distribution of electron density. These interactions can be observed in polar molecules and contribute to their chemical and physical properties, such as boiling points, melting points, and solubility in polar solvents.


What explicit and implicit signals were used by the singer to highlight significant points of the song let it go?

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What has the author Ricardo E Torres written?

Ricardo E. Torres has written: 'Talking points for development in the Cordillera' -- subject(s): Agriculture, Economic aspects of Agriculture, Economic conditions, Regional planning


How many significant figures are in 1456 mm?

The measurement 1456 mm has four significant figures. All non-zero digits are considered significant, and since there are no leading zeros or decimal points that would affect the count, each digit (1, 4, 5, and 6) is significant.