Paper 3 question on development
This page contains a paper three type question on microeconomics, allow 50 minutes for this exercise.1. Country A is a low income economy situated in Africa, with a total GDP per capita of just $7,200 (PPP) in 2023. 75% of the nation"s export revenues come from the sale of coffee and a large number of the adult population work in subsistence agriculture. The majority live below the poverty line. Figure 1 illustrates...
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