17. Which of the following two factors helped growth in FDI in developing countries a. macroeconomic instability b. communication and transportation c. inflation and unemployment..
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17. Which of the following two factors helped growth in FDI in developing countries
a.
b. communication and transportation
c. inflation and
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- The IMF forecasted Australia’s real GDO at $1,730 billion in 2017 and $1,732 billion in 2018, and Australia’s population at 24.6 million in 2017 and 25.0 million in 2018. Calculate: a) The growth rate of real GDP b) The growth rate of real GDP per person. c) The approximate number of years it will take for real GDP per person in Australia to double if the current growth rate of real GDP is maintained.Suppose Botswana’s nominal GDP increases from $200 billion in 1998 to $250 billion in 1999. a) Explain why these figures may present a misleading measure of economic growth. b) What alternative method would provide a more accurate measure of economic growth over time ?Most economists are _________ that naturalresources will eventually limit economic growth. Asevidence, they note that the prices of most naturalresources, adjusted for overall inflation, have tendedto _________ over time.a. concerned; riseb. concerned; fallc. not concerned; rised. not concerned; fall
- The base year is 2020. GOOD QUANTITY (2020) PRICE (2020) QUANTITY (2021) PRICE (2021) RULER 1000 R3.00 900 R3.50 PENS 2000 R5.00 2200 R6.00 PENCILS 600 R6.00 500 R7.00 4-Did Abanaman Republic experience economic growth in 2021? Showyour calculations.A6 miracle-growth economies often have very high investment. True or false ?An emerging country has a real GDP of $1553.1 billion. After one year, real GDP has grown to $1677 billion. In percentage terms, what is the growth rate? Please round your answer to the nearest whole number. growth rate:
- 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 rateExpected growth in real GDP = 4%; inflation = 2%Give an example of a time period where the US had relatively higherGDP growth than most other developed countries. What are some rea-sons/explanations for this higher growth? Explain it step by step please
- (B)(Solow) An economy in which no TFP growth occurs is at steady state. An earthquakeoccurs destroying a fraction of the capital stock. Miraculously, no one is hurt. For this scenario, whathappens to the economy in the periods after the earthquake? Explain what happens to the level ofGDP, the level of the capital stock, and the growth rates of these variables in this example.Consider the following data for a particular country. Year 1 Population (Millions) - 400 Real GDP (Trillions of $) - 16 Year 2 Population ( MIllinois ) - 480 Real GDO ( Trillions of $ ) - 24 Instructions: Enter your answers as a whole number. a. What is the growth rate of real GDP from year 1 to year 2 -blank percent b. What is the growth rate of real GDP per capita from year 1 to year 2 -blank percent Note: Donot given direct answerPls help me with below homwork, I will upvote... A) What is the difference between economic growth and economic development. B) With the aid of a diagram, explain the income and expenditure model.