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- Describe some of the political and social tradeoffs that might occur when a less developed country adopts a strategy to promote labor force participation and economic growth via investment in girls education.Define Primary Sector? Why is the role of the primary sector vital for economic development?How can the wealth of the nations measured by the using per capitagross national income (GNI)?
- C I G NX Price Yr1 1000 156 560 52 4 Yr2 1300 159 600 52 5 Yr3 2000 169 690 53 6 Yr4 2900 180 880 53 7 Population Yr1 2 Yr2 2 Yr3 3 Yr4 3 RGDP per capita in the year 1 = 1,768/4*2 = 1,768/4*2 = 221…A. Outline how ONE (1) measure that the Human Development Index is used to promote:i. economic growthii. economic developmentB. Assess the use of Human Development Index as an alternate measure of EconomicDevelopment.At the beginning of the year, one developing country (DVC) has a real income per capita of $1,000. In a developed country (IAC), the real income per capita is $30,000. Both countries experience a 4 percent growth rate for the year. At the end of the year, the absolute income gap between these two countries will have increased from $29,000 to $30,160. $31,200. $30,120. $32,240.
- Country Namibia South Africa Botswana Zambia Brazil Per Capita Income (2017) $10,380 12,870 15,510 3,810 15,140 13,430 16,860 1,760 14,320 55,980 41,680 34,700 41,280 48,700 Percentage of Total Income Received by Highest Decile Honduras Mexico Haiti China United States France Spain Great Britain. Sweden Source: World Development Indicators, World Bank, 2018. $ 23,316 b. less than 30 percent of total income? 27 26 25 23 31 31 31 40 37 35 44 52 51 50 Using the figure, what is the average per capita income in nations shown in the figure where the highest-income decile gets: Instructions: Enter your responses as a whole number. a. at least half of total income?With reference to measurements of the dimensions of the Human Development Index which of the following statement is incorrect? a. No of households in a family b. A long and healthy life is measured by life expectancy at birth c. A decent standard of living is measured by GDP per capita in purchasing Power Parity (PPP) US Dollars d. nowledge is measured by the adult literacy rate (with two thirds weight) and the combined primary, secondary and tertiary gross enrolment ratio (with one third weight)how a production function can help us understand differences in per capitaGDP across countries?
- Explain the implication of the human development index of the Philippines over the years. Is it good or bad?Does Family 500 Plus and Mieszkanie Plus Program significantly increase country's GDP?State using supportive research whether GDP should be used as a basis to measure a country’s development in comparison to the multiple dimensional poverty index.