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HDI vs GNI formula to create scatterplot
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- what problem does the value added approach of measuring GNP resolve? does the value added approach serve any other purpose?Each month the CensusBureau carries out the Current Population Survey (CPS) (which has been carried out every month since 1940). A total of __________ households are contacted every month. a)600,000 b)6000 c)60,000 d)600Find the GNP deflator if the nominal GNP is 2530 and The real GNP is 3000.
- In 2017-18, the Pakistan Bureau of Statistics announced that of all adult Pakistanis, 59,786,200 were employed, 3,613,800 were unemployed, and 58,800,000 were not in the labor force. Use this information to calculate the adult population.What was the ratio of per capita income in each of the following countriesto that in the United States in the year 2014. Ethiopia, Mexico, India,and Japan?To determine the correct level of GNP (Gross national product), it is necessary to:(A) Add up the values of goods and services during one year(B) Add up all savings(C) Count all imports(D) Add up the value of semi-finished goods
- Compute the GNP using the Income Approach and Expenditure Approach. Personal Consumption ExpendituresP 1,059,000 Compensation of employees and entrepreneurial & propertyIncome of persons980,000 Government Income31,000 Indirect Taxes132,500 Exports of goods and non-factor services648,200 Fixed Capital Formation232,400 Government Services116,000 Imports of goods and non-factor services648,100 Subsidies3,900 Trade237,000 Increase in Stocks7,200 Corporate Income16,000 Depreciation Allowance176,000 General Government Consumption Expenditures86,500 Net Factor Income From Abroad20,600G3: Which of the following components are used in calculating Human Development Index (HDI) by UNDP?1. Life expectancy at birth2. Mean years of schooling3. Expected years of schooling4. Gross Domestic Product per capita More than one correctEconomists examined many indicators in order to determine the standard of living of citizens within a country. Identify any five of these indicators and explain how they are used to determine how well-off citizens are (exclude nnp, gdp & gnp).