PLEASE DO NOT PARTIALLY ANSWER. Question 1 In the Long Run, from an economic per

Question

PLEASE DO NOT PARTIALLY ANSWER.

Question 1

In the Long Run, from an economic perspective,

Question 2

The Rationale for Planning in Developing Economies looks at

Question 3

Looking at world trading patterns we see that

Question 4

Corruption

Question 5

When it comes to controlling corruption

Question 6

The amount of foreign aid in proportion to developed countries’ GNP has

Question 7

Pick the most correct of the following statements where “roving” bandit and “stationary” bandit are concerned-

Question 8

The price reflecting the true social opportunity costs of a resource is known as

Question 9

Government Plans often fail because

Question 10

Big Push strategy is a result of the

Explanation / Answer

1. Democracy is better than autocracy( In democracy price mechanism operates and democratic system offers greater flexibility in planning and it's implementation)

2.Resource mobilization and allocation( Planning looks into how to obtain resources , where to allocate resources and how to distribute )

3.developing countries export only primary commodities and manufactured goods( developing countries have primary sector and an immature manfacturing sector and service sector didn't exist)

4. all of the above

** We are supposed to do four subpart to multiple choice questions. For more answers post question again.

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