The Human Development Index measures O A. living standards across various countries. B. the amount of ethnic welfare and disease in third-world countries. O C. how fairly income is distributed across countries. O D. the relative lifespan and education in third-world countries.
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- Non-high-income countries are found in O a. In Asia, Western Europe, North America, and Africa O b. It can be found in all parts of the world O c. In Africa, South America, Asia, and Western Europe O d. In Africa, Asia, Eastern Europe, and Latin America O e. In Africa, Latin America, North America, Asia, and EuropeUse an example to explain why, after periods of rapid growth, a low-income country that has not caught up to a high-income country may feel poor.In 1980, Denmark had a GDP of 70 billion (measured in U.S. dollars} and a population of 5.1 million. In 2000, Denmark had 3 GDP of 160 billion (measured in U.S. dollars} and a population of 5.3 million. By what percentage did Denmarks GDP per capita rise between 1980 and 2000?
- Income per capita in the poorest countries of the world is just five percent of the U.S. These differences in income are most due to. O Differences in capital per worker O Differences in education per worker O Differences in total factor productivity O Differences in the costs of energy across countries O We do not have enough information120 100F NOR ARE SGP CHE HKG SWE TWN Na. A VEN 40 60 80 100 120 Relatiwe GDP per enpita to the US lewel - 1970 In the figure above, GDP per capita relative to the US level for a large group of countries is plotted for years 1970 (in the horizontal axis) and 2000 (in the vertical axis). Which one of the following statements is correct? O Income per capita of countries on the 45 degree line has grown at a similar rate than income per capita of the US in each year. O Income per capita of each country is plotted according to how strongly it correlates to the income per capita of the US in each year. O The income per capita of those countries below the 45 degree line has grown the fastest in between years 1970 and 20 O The income per capita of those countries on the 45 degree line has not grown in between years 1970 and 2000.With reference to measurements of the dimensions of the Human Development Index which of the following statement is incorrect? a. No of households in a family b. A long and healthy life is measured by life expectancy at birth c. A decent standard of living is measured by GDP per capita in purchasing Power Parity (PPP) US Dollars d. nowledge is measured by the adult literacy rate (with two thirds weight) and the combined primary, secondary and tertiary gross enrolment ratio (with one third weight)
- Consider the following diagram, which includes a concave line of best fit: 40,000- •US 35,000 - 30,000 - •Belgium Switzerland •UK 25,000 - •Japan 20,000- • •Taiwan 15.000 - 10,000 - •Ecuador 5,000- aindia 0. 10.000 20,000 30,000 40,000 50,000 60,000 70,000 80,000 Figure 15 3 Canital ond GDP ner worker across countries in 199n Which of the following statements is correct? Select one: O a. The line of best fit suggests that if capital intensity doubles, output per person doubles. O b. The line of best fit implies that there are diminishing returns to scale. O c. The line of best fit suggests that the USA may have a higher value of "z" than Japan. O d. Workers in Japan were more productive than in the UK because they had higher capital per worker. GDP per worker (1985 PPP $)How so gains in worker productivity lead to gains in per capita GDP? A. as workers produce, their wages will rise and they will have more disposable income for consumption, leading to a rise in GDP per Capita. B.The amount a worker can produce and that worker's income are exactly equal so that these numbers stay the same. C.The amount a worker can pproduce and that workers's income are not always exactly equal, so these numbers may differ. D. An aggregate production function describes the input of an entire economy based on various outputs such as capital, labor and technology.Which of the following Gini coefficients indicates that a country has an equal distribution of income? A.1 B.0.7 C.0.5 D.0.2 E.0
- Suppose that U.S. real GDP per capita is $50,000 and grows on average at 3% per year. How long will it take for U.S. real GDP per capita to double at this growth rate? If this growth rate continues, what will U.S. real GDP r capita be in 70 years? S Suppose that U.S. real GDP per capita is $50,000 and grows on average at 5% per year (rather than 3% a year) How long will it take for U.S. real GDP per capita to double at this growth rate? years (round to nearest year) If this growth rate continues, what will U.S. real GDP per capita be in 70 years? S years (round to nearest year)Country X INDICATOR NOW 1 YEAR AGO GDP growth rate 1.9% 5.1% Unemployment rate 3% 1.5% Explain if each country is healthy. O Healthy O Not Healthy6 Pakistan Ethiopia Haiti Afghanistan Use the table to answer the following questions. Per Capita Income (in 2016) Country United States France Japan South Korea Spain Saudi Arabia Greece World average Mexico China Cuba Nigeria Pakistan Ethiopia Haiti Afghanistan If-M-Damelala $ 768 766 586 59,332 38,477 38,428 29,743 28,157 20,761 18,613 10,714 8,903 8,827 6,000 1,969 1,548 768 766 586 If a McDonald's Happy Meal costs $3, how many Happy Meals per week could Instructions: Round your responses to the nearest whole number. a. the average person in France afford? Happy Meals per week b. the average person in Spain afford? Happy Meals per week