What advice give to country has no financial markets
You are asked for advice by the government of a small, less developed country interested in increasing its rate of economic growth. You notice that the country has no financial markets. What advice would you give?
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Remove a deflationary gap in the economy, estimated as equivalent to a deficiency of aggregate expenditure of $4bn. Calculate the change in national income that can be expected from the $2bn of extra government spending.
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Less developed country interested in increasing its rate of economic growth. You notice that the country has no financial markets. What advice would you give?
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The current shareholders have preemptive rights on any new issue of stock by Scubapro Corporation. An investor with 20,000 shares who exercises his preemptive rights on the new stock issue will have the right to buy how many stocks?
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