In the year 2014, the world's average per capita GDP was $14,517. What percent of the world's population lived in a country with per capita GDP that was below $14,517? O 21% O 43% O 56% 73%
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- The GDP of the U.S. represents about O 25 O 35 O 45 O 55 % of the GDP of the world.The GDP at Q101 is 250600 and the GDP at Q102 is 260700. What is the total GDP growth between Q101 and Q102? Select one: O a. 4% O b.2.9% O C8.27% O d. None O e. 6.15%If a country starts with per capita real GDP of $50 and grows at 4% a year; in 5 years it's per capita real GDP will be O 1.5 O 1.22 O 2 O 1.4
- On the following scatter plots, the 1960 real per capita GDP is on the x-axis and the y-axis represents the average economic growth rate between 1960 and 2017. Which one shows the strongest evidence in favour of convergence? O 2.5 1960-2017 growth (percent) 2.0 1.5 1.0 3 2 5 5 Convergence 10 1960 GDP (constant dollars per person) Convergence 15 10 15 1960 GDP (constant dollars per person) 20 20Why dues productivity growth in high-income economies not slow down as it runs into diminishing returns from additional investments in physical capital and human capital? Does this show one area where the theory of diminishing returns fails to apply? Why or why not?Question 1 If a country's GDP is growing at 5% a year, how many years does it take for the country's GDP to double? 13.8 O 14.2 O 15.2 O 18.2
- Imagine the GDP per capita of a country doubles every one hundred years. What would the shape of a linear-scale graph and a ratio- scale graph be? Select one or more: O a. Linear scale: an upward-sloping Ratio scale: an upward-sloping curve with increasing slope (called straight line convex shape) O b. Ratio scale: a straight horizontal line Linear scale: an upward-sloping straight line Ratio scale: an upward-sloping curve with decreasing slope (called O C. Linear scale: an upward-sloping straight line concave shape) O d. Linear scale: an upward-sloping Ratio scale: an upward-sloping convex curve convex curveThis question refers to the following graph below. Infant Deaths per 1,000 Live Births Germany South Africa Russia USA World Infant Mortality Rates for 1999 0 5.14 6.33 10 20 23 35.37 40 Question 180 of 100 51 Based on the information in this bar graph, what conclusion can you draw? O A. Countries with smaller populations had greater infant mortality rates. OB. Countries with advanced technology had lower infant mortality rates. O C. Southern hemisphere countries (Brazil and South Africa) had higher infant mortality rates. O D. Countries with higher populations had greater infant mortality rates. E. Northern hemisphere countries (U.S.A., Russia, and Germany) had higher infant mortality ratesAssume that real GDP per capita in Country X is currently $50,000 per person. Also, assume that real GDP per capita in Country X grows at a rate of 2% per year. Rounding to the nearest 2 decimals, the real GDP per person in Country X in 10 years will be approximately 3.7 points Save Answ O a. $66,124 O b. $60,000 O. $58,272 Od. $61,000
- 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)Year 1960 1970 1980 1990 2000 Real GDP per Capita $1,571 2,777 4,830 9,959 15,881 (Table: South Korea's Real GDP per Capita) Use Table: South Korea's Real GDP per Capita. As a percentage of real GDP per capita in 2000, approximately how much did South Korea produce in 1960? O a. 1,011% Ob. 15% Oc. 10% Od. 151%The value of what Burger King produces in France is included in the United States and in the French O A) GDP; GNP O B) GDP; GDP O C) GNP; GNP O D) GNP; GDP
