5. Economic growth and public policy Suppose Yamahonda, a Japanese-owned motorcycle manufacturer, builds a production plant in Alabama. This is an example of foreign investment in the United States. Which of the following policies are consistent with the goal of increasing productivity and growth in developing countries? Check all that apply. O Providing tax breaks and patents for firms that pursue research and development in health and sciences O Protecting property rights and enforcing contracts O Imposing restrictions on foreign ownership of domestic capital Increasing taxes on income from savings Which of the following are possible outcomes of rapid population growth? A reduction in human capital per worker A reduction in capital per worker An increase in technological knowledge O All of the above

5. Economic growth and public policy Suppose Yamahonda, a Japanese-owned motorcycle manufacturer, builds a production plant in Alabama. This is an example of foreign investment in the United States. Which of the following policies are consistent with the goal of increasing productivity and growth in developing countries? Check all that apply. O Providing tax breaks and patents for firms that pursue research and development in health and sciences O Protecting property rights and enforcing contracts O Imposing restrictions on foreign ownership of domestic capital Increasing taxes on income from savings Which of the following are possible outcomes of rapid population growth? A reduction in human capital per worker A reduction in capital per worker An increase in technological knowledge O All of the above

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter19: The Macroeconomic Perspective

Section: Chapter Questions

Problem 32P: In 1980, Denmark had a GDP of 70 billion (measured in U.S. dollars} and a population of 5.1 million....

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In 1980, Denmark had a GDP of 70 billion (measured in U.S. dollars} and a population of 5.1 million. In 2000, Denmark had 3 GDP of 160 billion (measured in U.S. dollars} and a population of 5.3 million. By what percentage did Denmarks GDP per capita rise between 1980 and 2000?
At one point Canadas GDP was 1,800 billion and its exports were 542 billion. What was Canadas export ratio at this time?
What strategies did the East Asian Tigers employ to stimulate economic growth?
What policies can the government of a free-market economy implement to stimulate economic growth?
1. Why do you think many big corporations like Apple, Coca-Cola, Microsoft, choose to manufacture their products in countries located in the Global South than in the Global North? 2. Based in your knowledge, why rich countries become richer and poor countries become poorer? Support your idea.
3 Explain the benefits of gaining international business experience and working as an expat.
15. which is incorrect? a. smaller countries are more likely to get aid b. Aid can be an incentive for corruption c. Aid positively correlates with growth in all recipient countries..
7. Calculate the compound annual growth rates of goods exports and GDP of developed, developing countries, Canada and BRIC for the decade 2006-2016 (just use end years data to calculate the growth. Present your result either in a table or graphs. What do these growth rates tell about globalization vs. national economic growth rates for these groups? 8. How have US shares of Canada's exports, and imports of goods and services, and inward and outward FDI stock changed in the last two decades? Show with two graphs, one for trade and the other for FDI) Most of these data can be downloaded from World Bank, UNCTAD and CANSIM databases.
4. Discuss whether state or market solutions to development problems are preferable by evaluating whether these statements are true or false. Use production function specifications (such as a Solow model with two types of capital) and graphs to prove your points. Give examples in African countries of good and bad policies and outcomes to illustrate your arguments in a through d.a. Markets get the desirable allocation right when all inputs to production are private goods and there is perfect competition.b. It is desirable that the government allow Free Trade rather than kill trade off with punitive taxes and controls.c. State intervention is needed when some inputs to production are public goods (give the definitions explaining how public goods differ from private goods).d. Whether market solutions are preferable to state intervention in a particular case depends on whether private payoffs and social payoffs are aligned.
2.In a farway country, banana is the most important crop exported to rest of the world. Data about economic indicators for farway country are given in Table 1. Table 1: Macro Economic Indicators of Farway Country (all figures in million $) year Consumption Expenditure Investment Expenditure Government Expenditure Exports import 2012-13 100 20 50 60 70 2013-14 120 25 60 65 75 2014-15 140 30 70 65 78 2015-16 160 28 40 50 75 2016-17 165 25 30 45 75 2017-18 170 24 20 40 80 2018-19 170 20 20 35 80 In recent years, a life style change, leading to more consumption of processed food, than raw food has led to reduction in demand for Bananas for consumption. Since the manufacturing sector in FarwayCountry is not developed, the country has to import most of its processed food needs, leading to increase in imports.The Government of Farwaycountry is contemplating inviting foreign investors to establish industries to manufacture banana products such…
1) Evaluate how the used of technology and digital transformation create the path to the sustainalbe development in a country and explain if it is helpful considering the current economic climate? Note: This evaluation will MUST be supported by authoritative sources. You are expected to provide references to at least five (5) pieces of documented material that support your views. 2) Translate: how does the used of technology and digital transformation create the path to the sustainalbe development mean to to an accountant? 3) Explain to full detilals The Path to Sustainable Development for Jamaica.” (Note: please provide answer in 4-5 paragraphs) NB: Answer question 1-3
1. Why doesn’t the rapid growth of China’s economy result in improvements in the lives of all... Description 1. Why doesn’t the rapid growth of China’s economy result in improvements in the lives of all Chinese? 2. What measures might Beijing or the provincial governments take to bring true development to the poor areas? 3. Does the rich East Coast have an obligation to improve the lives of the poor interior? If so, why hasn’t it happened? 4. What is the biggest challenge China faces in lifting its 300 million poor out of poverty?