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just answer all questions
Answer
Question 1There is a substantial possibility to achieve per capita income growth without reducing poverty levels as well as self-esteem growth. This is because the inflation rate, population growth rate, and cost of products and services influence the amount of economic growth brought by the growth of per capita income. High inflation, increased number of dependent population, and the high cost of products and services would lead to low or even an increase in poverty levels in the event of per capita income growth.Question 2The study of politics, institutions, and social aspects of an economy contributes to development economics. Basically, development economics aim at eliminating poverty and changing the mental states of the people to work for economic development. Question 3Low living st...
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