Examen
Development Economics Problem Set 1 Sherif Khalifa 1. (a) What is the usual indicator of living standards? (b) How is this indicator of living standards calculated ? (c) What are the problems with this indicator? 2. Consider a country whose national incom
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Development Economics Problem Set 1 Sherif Khalifa 1. (a) What is the usual indicator of living standards? (b) How is this indicator of living standards calculated ? (c) What are the problems with this indicator? 2. Consider a country whose national income is $750 Million and whose population...
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