Explain how GDP, the categories of economic development, and the business cyde influence marketers' deci- sions in entering global markets. Whal are the BRICS countries? Whal is the Group of Seven (G7)?
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Q: Q.1 I. Explain the following identity: C+ G+I+ NX= Y = YD+(TA – TR) = C + S+ (TA – TR) II. How is…
A: I. C+G+I+NX=Y=YD+(TA-TR)=C+S+(TA-TR) Here, C = Consumption G = Government spending I = Investment…
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A:
Q: why is the reason that some country are not yet developed
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A: GDP measures a country's value added, which is calculated as the total value of all products and…
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A: Net export is the value of total exports minus the value of total imports. The export is the number…
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A: Unemployment is the situation in which an individual is seeking a job and unable to find one.
Q: answer the following: 1. What is Organization for Economic Cooperation and Development?
A: Since you have asked multiple question, we will solve the first question for you. If you want any…
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A: GDP is the sum total of market value of final goods and services produced in a country during a…
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A: 1) Trade restrictions necessary for a developing economy since trade liberalization can represent a…
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A: Conventional economists: Sustained economic development as estimated by net public items is the way…
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A: here we can find the GDP per capita rise by following method
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Q: What factors occurred that changed the growth n China and India in 2009-2013?
A: Many believe that the economies of both India and China will have a significant impact on the global…
Q: ity to measure e
A: Given : C+G+I+NX ≡ Y ≡ YD + (TA - TR) ≡ C+S+ (TA-TR)
Q: Orthodox or conventionaleconomists say that to address unequal growth between the rich and the poor,…
A: Disclaimer: “Since you have asked multiple questions, we will solve the first question for you. If…
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A: 1) Productivity is output per hour in the business sector. 2) Industrial revolution is a term which…
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Q: o what extend does the environment influence economic development.
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- Cross country comparisons of GDP per capita typically use purchasing power parity equivalent exchange rates, which are a measure of the long run equilibrium value of an exchange rate. In fact, we used PPP equivalent exchange rates in this module. Why could using market exchange rates, which sometimes change dramatically in a short period of time, be misleading?Create a table that identifies the macroeconomic policies for a high-income country, a middle-income country, and a low-income countryexplain 1.Orthodox or conventional economists say that to address unequal growth between the rich and thepoor, the world economy needs to grow more. Do you agree with this idea? Why or why not? 2.What does the term “de-develop” mean? Is it a positive or a negative idea? 3. According to investopdia.com, a steady-state economy is an economy structured to balance growt hwith environmental integrity, seeking to find an equilibrium between production growth andpopulation growth. This type of economy aims for the efficient use of natural resources but alsoseeks a fair distribution of the wealth generated from the development of those resources. Is thistype of economy more plausible than continued, unlimited economic growth? Why or why not?
- _________ is output per hour in the business sector. Question options: a) GDP per capita b) Investment c) Productivity d) Net exports ____________ is a term which refers to the widespread use of power-driven machinery and the economic and social changes that resulted in thefirst half of the 1800s. Question options: a) Industrial Revolution b) Capital deepening c) Living standard d)TechnologyWhat factors occurred that changed the growth n China and India in 2009-2013?Accordin to the picture What do these variables tell us about the future economic performance of the countries?
- Having both table as a reference answer both questions a. Is there a better way to classify a country other than the use of GDP and per capita? Explainb. How is a country classified by the World Bank and the United Nations (UN)The source for this dataset is The World Bank. data.worldbank.org/indicator/NY.GDP.PCAP.CD(a) In 2022, what are the 6 richest countries in the world?(b) In 2022, what are the 6 poorest countries in the world(c) In 2022, how many times richer is the average person of the richest country thanthe average person of the poorest country in the world?2. For the countries that have data for 1960, compute the average ANNUAL growth rate ofper capita GDP between 1960 and 2022.(a) What 5 countries have grown the MOST over this period? What are their growthrates?(b) What 5 countries have grown the LEAST over this period? What are their growthrates?3. Write down some of your thoughts about WHY some countries are rich and some countriesare poor.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 answer
- Pls help with below homework. Please explain below concepts in 6-7 sentences 1.Are trade restrictions necessarily bad for a developing economy? 2. Under what circumstances are trade restrictions good for the economy? 3. Under what circumstances are trade restrictions bad for the economy?The real GDP per person in a country A has grown about 4 percent per year. When this country' GDP will be double?Orthodox or conventionaleconomists say that to address unequal growth between the rich and the poor, the world economy needs to grow Do you agree with this idea? Why or why not? Whatdoes the term “de-develop” mean? Is it a positive or a negative idea? Explain your According to investopdia.com,a steady-state economy is an economy structured to balance growth with environmental integrity, seeking to find an equilibrium between production growth and population growth. This type of economy aims for the efficient use of natural resources but also seeks a fair distribution of the wealth generated from the development of those resources. Is this type of economy more plausible than continued, unlimited economic growth? Why or why not? How can humanity possibly find a balance between economic growth and social justice?
