GM & STRATEGIES CHAPT 2 WARM UP

When production in an economy grows more quickly than the population in that economy, which of the following must be occurring?   A. Incomes are growing at a slower rate than the population.   B. Real GDP is falling.   C. Real GDP per capita is constant.   D. Real GDP per capita is rising.   E. Living standards are falling.   QUESTION 18 If immigration laws become more strict and many foreign citizens are not allowed to work and are forced to leave the United States,   A. there is a movement down along the aggregate supply curve.   B. the potential GDP curve will shift to the right.   C. the aggregate demand curve will shift to the left.   D. there is a movement up along the aggregate supply curve.   E. the potential GDP curve will shift to the lef

The table below contains data on real GDP and the population of a fictional country in 2009 and 2010 answer the following question

What is the term used to describe the transition of an economy from low - income to high - income status? A. Economic growth B. Economic development C. Industrialization D. Structural transformation

How is economic growth measured? Question 1Answer a. The percentage change in the employment rate b. The percentage change in income taxes collected by the government c. The percentage change in real GDP d. The percentage change in the unemployment rate

2. a. Calculate the growth rate of economy for the year 2019 (one digit after point is sufficient in the calculation [for example 40.1%]) 2. b. If the population of the country is constant and equals to 200 people, calculate GDP per capita for the year 2018 and 2019. 2 c. An increase in GDP per capita number, does necessarily show welfare increases in the majority of the people who lives in the country? Explain.  Country Name Year Exports  Consumption   Investment  Net Exports Government Expenditure Imports Cambodia 2018 61.315 75.209 23.341 -1.699 4.904 63.014 Cambodia 2019 67.209 81.655 26.660 -1.512 5.288 68.721

The table below describes the real GDP and population of a fictional country in 2017 and 2018. Population 2.0 million Year Real GDP 2017 $14 billion 2018 $15 billion 2.1 million Instructions: Round your answers to the nearest whole number. a. The real GDP per capita in 2017 is: The real GDP per capita in 2018 is: b. The growth rate of real GDP is: c. The growth rate in population is: d. The growth rate in real GDP per capita is:

The demographic transition refers to: a.  The increase in fertility rates and the number of children per family that many societies undergo as they transition from urban centers to farmland. b.  The increase in fertility rates and the number of children per family that many societies undergo as they transition from rural to urban centers. c.  The decrease in fertility rates and the number of children per family that many societies undergo as they transition from rural to urban centers. d.  The decrease in fertility rates and the number of children per family that many societies undergo as they transition from urban centers to rural locations.

Pattern in which economies with low per capita incomes grow faster than economies with high per capita incomes a- depression b- convergence c-recession d-profit

Choose the correct statement about economic growth theories. A. Modern-day Malthusians point to global warming and climate change as reasons to believe that eventually real GDP per person will decrease.   B. Classical growth theory tells us profit is the spur to technological change.   C. According to new growth theory, growth occurs because knowledge and physical capital do not experience diminishing returns.   D. New growth theory is sometimes called Malthusian theory.

QUESTION 93 Use the figure below to answer the next question. c+ TA N ܐ܂ Capital Goods x B D Consumer Goods Economic growth is best represented by a a. b. move from Z to X along AB. move from X on AB to Y on CD. C. shift of the production possibilities frontier from CD to AB. d. move from X to Z along AB. e. None of the above Click Save and Submit to save and submit. Click Save All Answers to save all answers.

Political freedom can sometimes moderately reduce economic growth because   A. campaign contributions lead to reductions in investment.   B. most jobs are in unions that are politically connected.   C. special interest groups may gain at the expense of the overall economy.   D. all of the above.

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

Part A. What is the primary determinant of a countries productivity? Part B. What can the government of a country do to foster economic productivity?

K-FASHION AND TECHNOLOGY-DRIVEN GLOBALIZATION IN THE PHILIPPINE SETTING Carlo Jejomar Pascual Palad Sanchez After reading the article Interpret the following in your words. THE WORLD IS LIKE A WASHING MACHINE… a. The world is like a washing machine; it goes round and round. b. The world is like a washing machine; after warming up, it turns really really fast. c. The world is like a washing machine; in it is a bit of everything. d. The world is like a washing machine; it turns, but sometimes not as fast as the others. e. The world is like a washing machine; it could stop turning, but it will eventually begin another wash cycle.

A reason that the United States has the largest economy in the world because ________.A. American workers are very productive.B. it has the most land to work with.C. it has a smaller population to support.D. All of the responses are correct.27) Perhaps the best measure of economic progress is _____A. the annual inflation rate, since it accounts for what is happening to prices.B. the growth rate of real GDP per capita, since it takes into account both price changes and population growth.C. the annual growth rate in the population.D. the amount of working time needed for an individual worker to afford certain goods and services.

Economic growth. Two key sources of economic growth have been due to increases in resources and increases in productivity.             a. Please explain 5 factors that might contribute to falling U.S. GDP growth rates.    b. Explain in detail, what we could do to avoid each of those 5 factors causing our GDP growth rates to fall.   c. Please explain 5 factors that might contribute to rising U.S. GDP growth rates.   d.Explain in detail, what we could do to cause each of the 5 factors to happen and cause our GDP growth rate to increase.

Need expert answer no AI

What are the current growth rates, population size and patterns of the United States, China, and Brazil. What are the discussions on events or policies that may have affected that countries population size/growth rate. Be sure to include reputable sources, such as the United Nations or your selected country's government websites.  government's response to population changes (laws, policies, social changes, etc.) Give the current population size of the world and the current projection of the population size as the 21st century progressed.

GEOGRAPHY GRADE 11 SEPTEMBER 2019 Question 1 1.1 Choose the correct concept/ term from COLUMN B that matches with the statements/ descriptions in COLUMNA (1.1.1 - 1.1.7). Only write the correct letter next to the number, for example 1.1.1 K. COLUMN A Combines life expectancy, level of education and GDP per capita. COLUMN B 1.1.1 A. Globalisation B. Trade barrier 1.1.2 Rules established by countries to protect their own economy from competition. C. Trade bloc D. Development aid E. HDI 1.1.3 Factory where people work long hours in poor conditions for iow pay. F. Phantom aid G. Sweatshop 1.1.4 Group of countries that have agreed to trade with one another. H. Terms of trade 1.1.5 A wealthy country provides help to a developing country with fewer resources. 1.1.6 Government-imposed regulations that restrict international trade to protect home industries. |(7x1) (7) 1.1.7 Happens when debt money is written off. roct word from the choices given in brackets. Write only of vour

What is the likely effect of increasing public investment in higher education on a country's long-term economic growth? A. It will lead to a decrease in economic growth due to higher taxes. B. It will have no effect on economic growth. C. It will lead to higher long-term economic growth due to an improved labor force. D. It will initially boost economic growth but lead to a decline in the long run.

Calculate real growth per capita in the following countries:Instructions: Round your answers to 1 decimal place. If you are entering a negative number be sure to include a negative sign (-) in front of the number.a. Democratic Republic of Congo: population growth = 2.7 percent; real output growth = - 1.5 percent.    %.       b. Estonia: population growth = - 0.5 percent; real output growth = 4.4 percent.    %.       c. India: population growth = 2.2 percent; real output growth = 6.3 percent.    %.      d. United States: population growth = 0.6 percent; real output growth = 2.7 percent.    %. Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.

5. The real GDP per person in Brazil was $828 in 1900 and $15,590 in 2014. What was the average annual growth in real GDP per person? Use logs. Show your work.

Each country has its own customs and traditions that determine business practices and influences how countries perceive products. This is an example of factors that influence the business environment a. competitive b. social and cultural C. demographic d. political and legal e. economic

Over the 120 years from 1900 to 2020, the average growth rate of U.S. real GDP per person was 2 percent a year. What does this tell us? A. Real GDP grew faster than the population.   B. The growth rate of real GDP was 2 percent a year on average.   C. Real GDP grew slower than the population.   D. The growth rate of real GDP was less than 2 percent a year on average.

The European Union consists of 27 member countries. This single market has more than __________ million consumers with a combined GDP that is larger than that of the United States. A. 100 B. 300 C. 200 D. 500

True or False 1. The end of economic development is the improvement of quality of life and capabilities so long as a substantial number of people benefits. 2. What a country has for its resources determines to a great extent its ability to influence the decision-making processes of another country. 3. As globalization disposes integration of national economies, countries must expand it into international markets. 4. Income levels, attrition rate in school enrollment, incidence of migration from rural to urban centers are among the non-economic variables in determining extent of economic development.  5. For economic development to become manifest, it must be a result of the interplay of economic and non-economic factors.

Solve part b