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How can relative price and income approaches be reconciled with balance of payments analysis? John F. Kyle argues that a model is required which explicity includes a production sector and a complete monetary sectory.The author demonstrates the inadequacy of the traditional method of extending...
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Forming a rational anti-AIDS policy--guided, say, by a cost-benefit analysis--is difficult (if not impossible) without knowing the cost involved. Presumably, AIDS currently imposes substantial cost on Canadian society. The direct costs of AIDS are relatively small. The principle cost is...
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