Suppose you want to analyze the level of foreign aid
that Canada gives to developing countries each year. You are told
that Canada’s aid depends on the population of these countries,
their level of poverty, and how good governance is in these
countries (measured by absence of corruption, etc.) Indicating
your notation, write this information:
i) As a general function.
ii) As a linear function.
iii) Comment on the likely sign of the coefficients in
your linear function. (Note: your...