(8) 20 1 10 -Armenia 10 15 Nicaragua DI 20 25 30 Sierra Leone <-Entrea Net ODA received (% of GM) FIGURE 14-4 Foreign Aid and Growth, 1999-2008 GNI, gross national income; ODA, official development assistance. Source: World Bank, "World Development Indicators," http://databank.worldbank.org 40 45 50 What does Figure 14-4 tell about the relationship between aids and growth? Aids promote economic growth. Aids hurt economic growth. Aids have no effect on economic growth. The effects of aids on growth are inconclusive.

Essentials of Economics (MindTap Course List)
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ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter17: Production And Growth
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GOP per capita growth (6)
8
15
1
- Armenia
Ncangua
Sierra Leone
.1
15 20 25 30
Net ODA received (% of GN)
35
FIGURE 14-4 Foreign Aid and Growth, 1999-2008
GNI, gross national income; ODA, official development assistance.
Source: World Bank, "World Development Indicators," http://databank.worldbank.org.
40
45
What does Figure 14-4 tell about the relationship between aids and growth?
Aids promote economic growth.
Aids hurt economic growth.
Aids have no effect on economic growth.
The effects of aids on growth are inconclusive.
50
Transcribed Image Text:GOP per capita growth (6) 8 15 1 - Armenia Ncangua Sierra Leone .1 15 20 25 30 Net ODA received (% of GN) 35 FIGURE 14-4 Foreign Aid and Growth, 1999-2008 GNI, gross national income; ODA, official development assistance. Source: World Bank, "World Development Indicators," http://databank.worldbank.org. 40 45 What does Figure 14-4 tell about the relationship between aids and growth? Aids promote economic growth. Aids hurt economic growth. Aids have no effect on economic growth. The effects of aids on growth are inconclusive. 50
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