There are two countries in the world: Happytimes and Treehausland. Both countries currently have a GDP per capita of 1. Use the information in the table about growth and productivity to answer the questions. Round all numerical answers to two decimal places. Country Growth rate of GDP per capita Наpрytimes 0.086 Treehausland 0.012 What is GDP per capita in Happytimes in 15 years? Happytimes's GDP: $ What is GDP per capita in Treehausland in 15 years? Treehausland's GDP: $ In 15 years, Happytimes grows how many times more than Treehausland? times Treehausland's growth Happytimes's growth:

There are two countries in the world: Happytimes and Treehausland. Both countries currently have a GDP per capita of 1. Use the information in the table about growth and productivity to answer the questions. Round all numerical answers to two decimal places. Country Growth rate of GDP per capita Наpрytimes 0.086 Treehausland 0.012 What is GDP per capita in Happytimes in 15 years? Happytimes's GDP: $ What is GDP per capita in Treehausland in 15 years? Treehausland's GDP: $ In 15 years, Happytimes grows how many times more than Treehausland? times Treehausland's growth Happytimes's growth:

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter20: Economic Growth In The Global Economy

Section: Chapter Questions

Problem 4P

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The following table shows the GDP per capita of various countries forthe years 1960 and 2010 in PPP-adjusted 2005 dollars. The table alsocontains the implied growth rates, which show how much on average eachcountry needed to grow each year to reach the 2010 level of GDP per capitastarting from the 1960 level of GDP per capita. Use the table to answer thefollowing questions. 1. During 1960-2010, which countries failed to reduce the gap betweentheir GDP per capita and the U.S. GDP per capita?
There are two countries in the world: Happytimes and Treehausland. Both countries currently have a GDP per capita of 1. Use the information in the table about growth and productivity to answer the questions. Round all numerical answers to two decimal places. Country Growth rate of GDP per capita Happytimes 0.086 Treehausland 0.031 What is GDP per capita in Happytimes in 21 years21 years ? Happytimes's GDP: $ What is GDP per capita in Treehausland in 21 years21 years ? Treehausland's GDP: $ In 21 years21 years , Happytimes grows how many times more than Treehausland? Happytimes's growth: times Treehausland's growth
Look at the hypothetical data below:Real GDP per capitaNigeria $1,000Mexico $8,000China $15,000United States $33,000Fact is, changes in income over time explains economic growth of a country. Using two sources of growth, account for the large differences in income per capita across these countries?e. Discuss three policies governments can use to promote economic growth.
d. Look at the hypothetical data below:Real GDP per capitaNigeria $1,000Mexico $8,000China $15,000United States $33,000Fact is, changes in income over time explains economic growth of a country. Using two sources of growth, account for the large differences in income per capita across these countries?
Please tell me which is the correct awnser for question 1.1 below there is nothing missing please just tell me which awnser or aawnsers are correct thank you Select one or more: a. If Country C's GDP per capita rises from $2,500 to 7,500, and Country D's GDP per capita rises from $6,000 to 18,000, the ratio of GDP per capita between the two countries is unchanged. b. If a country’s GDP doubles every 50 years on a ratio scale graph against time it will rise at an increasing rate. c. Country B is growing a higher percentage rate than Country A, but Country A is 5 times richer than Country B. On a linear scale graph against time the gap between the two lines must be narrowing. d. Country E is growing at the same percentage rate as Country F, but Country E is 3 times richer than Country F. On a log scale graph against time the gap between the two lines will be constant.
Homework 5.6 While both India and China have grown tremendously over the last few decades, China appears to have clearly grown more impressively. See the GDP of the two countries in 1990 India GDP of $326 billion, China GDP of $358 billion By 2015, China’s GDP grew to $10.8 trillion India’s GDP grew to $2.07 trillion2 China’s growth > 33%, whereas India’s is > 6% The World Bank suggests that 800 million people have also moved out of poverty in China. The poverty rate fell from 88% of the population in 1981 to just above 4% of the population in 2014. India, cut its poverty level from 60% to 30% of its population between 1981 and 2012. However, the population also increased, so the overall decline in poverty was from 429 million to 400 million.. The growth of China and its effects on its population is visible. The rise of a middle class has turned China into a marketer's dream as a huge 'market' for all products such as automobiles. Question: What reasons can be you attribute for…
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)
The real GDP per person in a country A has grown about 4 percent per year. When this country' GDP will be double?
17:58 2 l alll 45 Economics - Pa... This document consists of 2 printed pages. Each question is introduced by stimulus material. in your answer you may refer to this material and / or to other examples that you have studied. 1 Qatar is a developed country with a high standard of living. Qatar is classified by the UN as a country of very high human development because of its high HDi value. More than 80% of Qatar's population are immigrants. Net immigration has helped to meet the country's demand for labour. (a) Define net immigration. [2) (b) Explain two reasons why emigration from a country may increase. [4) (c) Analyse why a country may have a high HDI value. [6] (d) Discuss whether or not the standard of living is higher in developed countries than in developing countries. (8] 2 Japan is one of the largest and most developed economies in the world. The country is, however, facing several challenges including population problems. Japan's birth and death rates are falling, its…
Plz help by answering all 4 questions in paragraph from in 150-200 words 1)What are the matters directly related to comparative economic systems? Discuss whether different policies are better for GDP growth and reducing inequality. 2) Do countries with higher freedom scores have LESS inequality? 3) Do countries with higher freedom scores have higher economic growth? How does economic Freedom Index promote, clean environments, healthy societies human development, democracy, and alleviate poverty? 4)Do Countries with strong Economic Freedom have higher GDP per capita and growth? State this like a hypothesis Economic freedom does not require government involvement, so, economic freedom would be more prevalent in a capitalist country than in a socialist country BUT then how does this relate to the European-Socialist countries that have very strong free market mechanisms, but are still considered "socialist".??
According to Figure 15.4, by what percentage did GDP per capita increase between 1820 and 1995 in North America? Latin America? Africa?
Ma1. Find a charity that you think is doing good work in a low GDP per capita (low income) nation (also pick a specific country they work in to talk about). Discuss why that nation has a low GDP per capita in the first place, and why the charity is needed. Then discuss what the charity provides and why you believe that is an economic sound approach for improving the outcome there. tips I'm not setting a GDP per capital limit to pick from, just try to pick a country on the lower end of the GDP per capita spectrum. When discussing why the nation currently has a low GDP per capita, remember to discuss both the available factors of production and the institutions and incentives that are present. When discussing how the efforts of the charity will improve the outcome, be sure to tied it back into macroeconomic theory: how will the actions of the charity contribute to more economic stability and/or greater growth and a higher living standard in the future.