The utility for citizens
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Consider two nations, one a developing nation and the other a developed nation. The population size of each nation is the same. Suppose that each nation experienced an equally large increase in investment. Which nation is likely to receive the most benefit from this increase in investment? Explain your answer.
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The utility for citizens is assessed.
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Suppose that the two nations under consideration are the United States and Bangladesh. The United States is a prosperous, well developed and massive economy with a population of 300 million. Bangladesh in South Asia, is a highly impoverished country which suffers from famines, flooding and tropical ...
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