Suppose you are interested in the hypothesis that internet access is a significant contributor to economic development and you want to quantify the magnitude of such contribution. To do this correctly, you could: O look at the correlation between PPP GDP p.c. and internet access across countries compare income in villages that have higher internet access with villages that have lower internet access O implement a policy in which you randomly subsidize internet access for some villages but not others either of the previous options is enough

Suppose that your family has just decided to adopt a golden retriever named Hailey. You have a monthly budget of $50 that you can choose to spend on either dog treats or other consumption goods. Assume the price of a bag of dog treats is $4 for the first 5 bags, but then it drops to only $3 per bag for each additional bag. All other consumption goods will be treated as a composite good, so you can think of this as simply the cash left over to spend on other items after buying dog treats. On the following graph, use the blue points (circle symbol) to graph your family's budget constraint. Remember to plot from left to right. Line segments will automatically connect the points. OTHER CONSUMPTION (Amount per month) 35 30 25 D 2 10 12 14 10 DOG TREAT BAGS (Bags per month) 18 20 Budget Constraint

explain this slide in regards to green economy.  i need atleast 2 minutes of talking points with key points being bringing moeny to local economies, and providing a global example, and on the con side of economy is dependent on tourists, and greenwashing

2 Short questions 1. Give an advantage and a disadvantage of using real GDP per capita (PPP) as a measure of wel- fare. Explain if the disadvantage you identified means the GDP in PPP over or underestimates welfare. 2. In 2021, India's GDP per capita was USD 2256, and 7248 in PPP dollars. For the same year, Brazil's GDP per capita was USD 7507 and 16031 in PPP dollars. Which country has the higher price index? According to the Balassa Samuelson hypothesis, which country has the higher relative productivity of tradable? 3. In the theoretical Malthusian model, the law of motion of population is given by Lt+1 = nt Lt. However, we use the equation Lt+1 = 2 (AX) (L₁)¹-a to solve the model. Explain how the two equations relate, and why we can't use the first one to solve for the evolution of population directly. 4. Suppose the utility function of parents is given by u(c, n, h) = (1 −y) lnc + y(ln n + ß lnh), where c is consumption, n is number of children, and h is their human capital. As in…