Please correct answer and don't use hand rating 3. What conclusions do you draw from these data, when comparing countries? [5]4. If you were the "manager" of the health care system in the United States, whatwould be a sensible response to being shown data like these (How would you replyto or explain the conclusions from the previous question)? [5]Problem 1. The following table shows data for Australia, the United Kingdom, andthe United States.Life Expectancy (Years)Expenditure per Person2010201520502015Australia81.882.5$3.893$4.493United Kingdom80.6810$3,281$4.125United States78.678.8$8,559$9.507Source Data from OECD (2017).Note: Expenditure per person has been translated into US dollars and adjusted for inflation1. How did life expectancy at birth change between 2010 and 2015 in the three coun-OLDtries? [5] Hint: Use the percentage change formula: %A-NEW-OLD2. How did expenditure per person change between 2010 and 2015 in the three coun-tries? [5]1

Step-by-Step Analysis1. Understanding the Data: The data table presents two key metrics for three…

Answered: 3. What conclusions do you draw from…

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter19: Economic Development

Section: Chapter Questions

Problem 1.1P

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need correct answer . with why other option are incorrect.
. In what sense is health care an investment? In whatsense is it pure consumption?
1. You have been hired as a consultant for the City of Los Angeles. City planners need to understand population data and use the data to predict the population in the future. Having a good estimate of the city's population helps the planners decide how much money will be needed for city maintenance and services, and helps local officials anticipate the needs for housing, school and other construction, and much more. Your work begins with finding the population of Los Angeles in the United States Census for 1920 to 2010. The U.S. Census Bureau data for the City of Los Angeles 1920-2010 appears in table below. Year Actual Population using Population using Quadratic Model Population using Exponential Model х, уears since Population Linear Model 1920 1920 576,673 10 1930 1,238,048 20 1940 1,504,277 30 1950 1,970,358 40 1960 2,479,015 50 1970 2,816,061 60 1980 2,966,850 70 1990 3,485,398 80 2000 3,694,820 90 2010 3,792,621 a. One way to model the population is with a linear function, y = mx…
Why is it difficult to measure health outcomes?
Find evidence that can explain how the difference in GDP influences the health of people who reside in that country. Here, you are identifying a determinant of health and at least one risk factor. Summarize what you found and justify the determinant of health and risk factor. Cite in - in text citation . explain in 4 sentences or more.
explain the economic health of Grenada base on the information below Grenada gdp per capita for 2020 was $9,680, a 10.5% decline from 2019. Grenada gdp per capita for 2019 was $10,816, a 3.14% increase from 2018. Grenada gdp per capita for 2018 was $10,486, a 3.29% increase from 2017. Grenada gdp per capita for 2017 was $10,153, a 5.45% increase from 2016.
What are some of the metrics economists use to measure health outcomes?
1. GDP per capita and quality of life The following table lists gross domestic product (GDP) and approximate population for four countries in 2020. Note that GDP is given in millions of U.S. dollars (USD). For example, a value of 20,936,600 suggests that U.S. GDP was approximately $20.9 trillion in 2020. GDP per capita, however, is simply given in dollars (USD). Calculate GDP per capita for each country and enter it in the fourth column of the table. GDP GDP per capita Country India France (Millions of USD) Population (USD) 2,622,984 1,380,004,390 2,603,004 67,391,580 United States 20,936,600 329,484,120 Ethiopia 107,645 114,963,580 Source: "The World Bank." Based on your calculations of GDP per capita, the quality of life in France is probably the quality of life in India. What are some of the problems associated with using GDP per capita to compare the quality of life among countries? Check all that apply. OGDP per capita is not correlated with economic growth and development. The…
1. Aside from the reasons provided in the picture, give 3 reasons with explanation why it is important to study services. 2. How does online payment platforms change & help in this pandemic?
1. Payment for health services in most low-income countries comes from: Group of answer choices Cash Taxes Microloans Individual insurance 2. Foreign aid makes up what percent of theU.S. national budget? 3. A _______ usually has clear goals and defined end dates. 4. Addressing the issue of world hunger is the primary function of which UN agency? 5. Garrett argues that instead of stovepiping global health funds, we should focus on which goals? Group of answer choices Preventing HIV and TB Increasing global funding for medical research and technology Increasing maternal survival and overall life expectancy Creating additional NGOs to address issues in developing countries
B.You are interested in the relationship between health and income at individual level. If you had no practical, financial, or ethical constraints, how would you determine if education had a causal impact on health at? Question 2: a. Provide definitions of “sustainable development”: first, according to the Brundtland Commission (1987) and second, according to how most economists would define it.
Question Under what conditions would a transfer of income from the richest 10% of the population to the poorest 10% of the population increase aggregate consumption and decrease aggregate savings? Under what conditions would such a transfer decrease Consumption and increase Aggregate Savings? Carefully explain using graphical analysis where appropriate, making sure to define the key terms and relationships you use in your answer.

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