Principles of Economics 2e
Principles of Economics 2e
2nd Edition
ISBN: 9781947172364
Author: Steven A. Greenlaw; David Shapiro
Publisher: OpenStax
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Questions to answer for my chart, Nigeria being an developing country and the United States being an advance country.

A.    Provide a brief overview of the findings that your research has revealed about the economic conditions of your two countries.
B.    Compare gross domestic product (GDP), GDP per capita, exports, imports, and the balance of payments to explain the two countries’ economic differences. (Economic Indicators 1-6 listed above.)
C.    Describe the differences in population, population per square kilometer, male vs. female population, and urban vs. rural population, and explain how these differences may contribute to the economic disparities between your two chosen countries. (Economic Indicators 7-15 listed above.)
D.    Analyze how each country’s life expectancy at birth, fertility rates, nourishment levels, education attainment, employment levels, and access to technology contribute to these countries’ differences. (Economic Indicators 16-25 listed above.)
E.    Analyze how cultural differences, political structure, and social influences contribute to the economic disparities between your two chosen countries.
F.    Discuss the value of recognizing and accommodating multiculturalism and diversity in a globalized economic environment and their roles in promoting long-run economic growth.
G.    Provide a conclusion/summary.

1 Country Name
Country CSeries Name
Series Code
2000 [YR2000]
2015 [VR2015]
2 Nigeria
NGA
GDP (constant 2015 US$)
3Nigeria
NGA
GDP per capita [constant 2015 USS)
4
Nigeria
NGA
5 Nigeria
NGA
6
Nigeria
NGA
7 Nigeria
8 Nigeria
Nigeria
NGA
NGA
NGA
10 Nigeria
11 Nigeria
NGA
NGA
12 Nigeria
13 Nigeria
NGA
NGA
Exports of goods and services (constant 2015 US$)
Imports of goods and services (constant 2015 US$)
External balance on goods and services (current US$)
External balance on goods and services (% of GDP)
Population, total
Population, female (% of total population)
Population, male (% of total population)
Rural population (% of total population)
Urban population (% of total population)
Life expectancy at birth, male (years)
NE.IMPGNFS.KD
NY.GOPMKTP.KD
NY.GOP.PCAP.KD
NE.EXPGNFS.KD
$179,675,448,843
$493,026,682,801
174%
$1,463
$2,680
83%
#VALUE!
#VALUE!
NE.RSB.GNFS.CO
NE.RSB.GNFS.25
#VALUE!
#VALUE!
SP.POPTOTL
$122,851,984
$183,995,785
50%
SP.POP.TOTL.FE.25
$50
$50
0%
SP.POPTOTL.MA.25
$50
$50
0%
SP.RUR.TOTLZS
$65
$52
-20%
SPURB.TOTL.IN.25
$35
$48
37%
SP.DYN.LEDO.MAIN
$46
$51
12%
14 Nigeria
NGA
Life expectancy at birth, female (years)
SP.DYN.LEDO.FE.IN
$48
$52
8%
15 Nigeria
NGA
16 Nigeria
17 Nigeria
NGA
NGA
18
Nigeria
19 Nigeria
20 Nigeria
21 Nigeria
22 Nigeria
NGA
NGA
NGA
NGA
37
USA
38 United States
USA
39 United States
USA
38 United States USA
United States
Population, female (% of total population)
Population, male (% of total population)
Rural population (% of total population)
Urban population (% of total population)
Life expectancy at birth, male (years)
25 Nigeria
NGA
26 Nigeria
NGA
27
28 United States
USA
GDP (constant 2015 US$)
29
United States
USA
30 United States
USA
31 United States
32 United States
33 United States
34 United States
35 United States
USA
USA
USA
USA
USA
External balance on goods and services (% of GDP)
Population, total
23 Nigeria
24 Nigeria
NGA
NGA
NGA
SN.ITK.DEFC.25
Educational attainment, at least completed lower secondary, SE.SEC.CUAT.LO.MA...
Educational attainment, at least completed lower secondary, SE.SEC.CUAT.LO.FE....
Educational attainment, at least completed upper secondary, SE.SEC.CUAT.UP.FE.
Educational attainment, at least completed upper secondary, SE.SEC.CUAT.UP.MA.
Educational attainment, at least Bachelor's or equivalent, por SE.TER.CUAT.BA.MA.
Educational attainment, at least Bachelor's or equivalent, por SE.TER.QUAT.BA.FE....
Employment to population ratio, 15+, female (%) (modeled ||SL.EMRTOTLSR.FE.
Employment to population ratio, 15+, male (%) (modeled ILO SL.EMPTOTLSPMA
Employment to population ratio, 15+, total (%) (modeled ILO SLEMPTOTLSP.25
Individuals using the internet (% of population)
Adolescent fertility rate (births per 1,000 women ages 15-19) SPADO.TERT
Prevalence of undernourishment (% of population)
$132
$115
-13K
59
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
#VALUE!
$55
553
-3%
561
561
1 %
$58
$57
-1%
IT.NET.USER.25
50
$25
38133%
ADIV/DI
GDP per capita (constant 2015 US$)
Exports of goods and services (constant 2015 US$)
Imports of goods and services (constant 2015 US$)
External balance on goods and services (current US$)
NE.EXPGNFS.KD
NE.IMPGNFS.KD
NE.RSB.GNFS.CO
NE.RSB.GNFS.25
SP.POPTOTL
NY.GOPMKTPKD
NY.GOP.PCAPKD
$13,717,679,619,000
$18,295,019,000,000
33%
$48,616
$57,040
17%
$1,315,435,474,000
$1,755,299,466,000
-$381,073,000,000
$2,270,622,000,000
73%
$2,794,942,000,000
59%
-$524,320,000,000
38%
-54
-$3
-23%
$282,162,411
$320,738,994
14%
SP.POPTOTL.FE.25
$51
$51
0%
SP.POPTOTL.MA.25
$49
$49
0%
SP.RUR.TOTLZS
$21
$18
-12%
SPURB.TOTL.IN.25
$79
582
3%
SP.DYN.LEGO.MA.IN
574
$76
3%
40 United States
USA
Life expectancy at birth, female (years)
SP.DYN.LEDO.FE.IN
579
581
2%
41
United States
USA
42 United States
USA
Adolescent fertility rate (births per 1,000 women ages 15-19) SPADO.TERT
Prevalence of undernourishment (% of population)
547
$22
-53%
SN.ITK.DEFC.25
$3
#VALUE!
43 United States
USA
44 United States
USA
45
United States
USA
46 United States
47 United States
48 United States
49 United States
50 United States
51 United States
52 United States
USA
USA
USA
USA
USA
USA
USA
Educational attainment, at least completed lower secondary, SE.SEC.CUAT.LO.MA
Educational attainment, at least completed lower secondary, SE.SEC.CUAT.LO.FE.
Educational attainment, at least completed upper secondary, SE.SEC.CUAT.UP.FE
Educational attainment, at least completed upper secondary, SE.SEC.CUAT.UP.MA
Educational attainment, at least Bachelor's or equivalent, por SE.TER.CUAT.BA.MA
Educational attainment, at least Bachelor's or equivalent, poţSE.TER.CUAT.BA.FE.
Employment to population ratio, 15+, female (%) (modeled ISL.EMPTOTLSR.FE.
Employment to population ratio, 15+, male (%) (modeled ILO SL.EMPTOTLSPMA
Employment to population ratio, 15+, total (%) (modeled ILO SL.EMPTOTLSP.25
Individuals using the Internet (% of population)
IT.NET.USER.25
$96
$95
-1%
$96
$95
-1%
591
589
-2%
$91
588
-3%
528
532
15%
$24
$33
37%
$56
$53
-6%
571
$65
-8%
$63
$59
-7%
$43
$75
73%
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Transcribed Image Text:1 Country Name Country CSeries Name Series Code 2000 [YR2000] 2015 [VR2015] 2 Nigeria NGA GDP (constant 2015 US$) 3Nigeria NGA GDP per capita [constant 2015 USS) 4 Nigeria NGA 5 Nigeria NGA 6 Nigeria NGA 7 Nigeria 8 Nigeria Nigeria NGA NGA NGA 10 Nigeria 11 Nigeria NGA NGA 12 Nigeria 13 Nigeria NGA NGA Exports of goods and services (constant 2015 US$) Imports of goods and services (constant 2015 US$) External balance on goods and services (current US$) External balance on goods and services (% of GDP) Population, total Population, female (% of total population) Population, male (% of total population) Rural population (% of total population) Urban population (% of total population) Life expectancy at birth, male (years) NE.IMPGNFS.KD NY.GOPMKTP.KD NY.GOP.PCAP.KD NE.EXPGNFS.KD $179,675,448,843 $493,026,682,801 174% $1,463 $2,680 83% #VALUE! #VALUE! NE.RSB.GNFS.CO NE.RSB.GNFS.25 #VALUE! #VALUE! SP.POPTOTL $122,851,984 $183,995,785 50% SP.POP.TOTL.FE.25 $50 $50 0% SP.POPTOTL.MA.25 $50 $50 0% SP.RUR.TOTLZS $65 $52 -20% SPURB.TOTL.IN.25 $35 $48 37% SP.DYN.LEDO.MAIN $46 $51 12% 14 Nigeria NGA Life expectancy at birth, female (years) SP.DYN.LEDO.FE.IN $48 $52 8% 15 Nigeria NGA 16 Nigeria 17 Nigeria NGA NGA 18 Nigeria 19 Nigeria 20 Nigeria 21 Nigeria 22 Nigeria NGA NGA NGA NGA 37 USA 38 United States USA 39 United States USA 38 United States USA United States Population, female (% of total population) Population, male (% of total population) Rural population (% of total population) Urban population (% of total population) Life expectancy at birth, male (years) 25 Nigeria NGA 26 Nigeria NGA 27 28 United States USA GDP (constant 2015 US$) 29 United States USA 30 United States USA 31 United States 32 United States 33 United States 34 United States 35 United States USA USA USA USA USA External balance on goods and services (% of GDP) Population, total 23 Nigeria 24 Nigeria NGA NGA NGA SN.ITK.DEFC.25 Educational attainment, at least completed lower secondary, SE.SEC.CUAT.LO.MA... Educational attainment, at least completed lower secondary, SE.SEC.CUAT.LO.FE.... Educational attainment, at least completed upper secondary, SE.SEC.CUAT.UP.FE. Educational attainment, at least completed upper secondary, SE.SEC.CUAT.UP.MA. Educational attainment, at least Bachelor's or equivalent, por SE.TER.CUAT.BA.MA. Educational attainment, at least Bachelor's or equivalent, por SE.TER.QUAT.BA.FE.... Employment to population ratio, 15+, female (%) (modeled ||SL.EMRTOTLSR.FE. Employment to population ratio, 15+, male (%) (modeled ILO SL.EMPTOTLSPMA Employment to population ratio, 15+, total (%) (modeled ILO SLEMPTOTLSP.25 Individuals using the internet (% of population) Adolescent fertility rate (births per 1,000 women ages 15-19) SPADO.TERT Prevalence of undernourishment (% of population) $132 $115 -13K 59 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! $55 553 -3% 561 561 1 % $58 $57 -1% IT.NET.USER.25 50 $25 38133% ADIV/DI GDP per capita (constant 2015 US$) Exports of goods and services (constant 2015 US$) Imports of goods and services (constant 2015 US$) External balance on goods and services (current US$) NE.EXPGNFS.KD NE.IMPGNFS.KD NE.RSB.GNFS.CO NE.RSB.GNFS.25 SP.POPTOTL NY.GOPMKTPKD NY.GOP.PCAPKD $13,717,679,619,000 $18,295,019,000,000 33% $48,616 $57,040 17% $1,315,435,474,000 $1,755,299,466,000 -$381,073,000,000 $2,270,622,000,000 73% $2,794,942,000,000 59% -$524,320,000,000 38% -54 -$3 -23% $282,162,411 $320,738,994 14% SP.POPTOTL.FE.25 $51 $51 0% SP.POPTOTL.MA.25 $49 $49 0% SP.RUR.TOTLZS $21 $18 -12% SPURB.TOTL.IN.25 $79 582 3% SP.DYN.LEGO.MA.IN 574 $76 3% 40 United States USA Life expectancy at birth, female (years) SP.DYN.LEDO.FE.IN 579 581 2% 41 United States USA 42 United States USA Adolescent fertility rate (births per 1,000 women ages 15-19) SPADO.TERT Prevalence of undernourishment (% of population) 547 $22 -53% SN.ITK.DEFC.25 $3 #VALUE! 43 United States USA 44 United States USA 45 United States USA 46 United States 47 United States 48 United States 49 United States 50 United States 51 United States 52 United States USA USA USA USA USA USA USA Educational attainment, at least completed lower secondary, SE.SEC.CUAT.LO.MA Educational attainment, at least completed lower secondary, SE.SEC.CUAT.LO.FE. Educational attainment, at least completed upper secondary, SE.SEC.CUAT.UP.FE Educational attainment, at least completed upper secondary, SE.SEC.CUAT.UP.MA Educational attainment, at least Bachelor's or equivalent, por SE.TER.CUAT.BA.MA Educational attainment, at least Bachelor's or equivalent, poţSE.TER.CUAT.BA.FE. Employment to population ratio, 15+, female (%) (modeled ISL.EMPTOTLSR.FE. Employment to population ratio, 15+, male (%) (modeled ILO SL.EMPTOTLSPMA Employment to population ratio, 15+, total (%) (modeled ILO SL.EMPTOTLSP.25 Individuals using the Internet (% of population) IT.NET.USER.25 $96 $95 -1% $96 $95 -1% 591 589 -2% $91 588 -3% 528 532 15% $24 $33 37% $56 $53 -6% 571 $65 -8% $63 $59 -7% $43 $75 73%
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