Answered: On average, growth in per capita income…

On average, growth in per capita income is associated with a______: Question 50 options: 1) rise in poverty. 2) rise in fertility 3) fall in poverty. 4) fall in literacy rate

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Related questions

Q: If personal income is the currently the same in two countries "India" and "China," but India has a…

A: Personal income is the amount of money collectively received by the inhabitants of a country.

Q: developmen ct one: a increases in per capita real GDP measured by its rate of change per year. b.…

A: In economic terms, development refers to the economic progress of a nation. Economic development is…

Q: The Human Development Index measures O A. living standards across various countries. B. the amount…

A: Note: Answer of only the first question is solved since the exact one wasn’t specified. Please…

Q: Which of the three objectives of development should you meet and apply from the given scenario? In…

A: Here, the Canadian survey founds that most of the Muslims in Ontario have different values and…

Q: An IAC (industrially advanced country) had a per capita income of $28,200, while a DVC (developing…

A: Gross Domestic Product is the summation of the money value of all the final goods and services…

Q: Residents of poor countries tend to have higher rates of infant mortality because a) mothers in poor…

A: Infant mortality rate refers to the probability of children dying under the age of one.

Q: Assuming a country’s economy maintains an 8% rate of growth, young adults starting at age 20 would…

A: Hi, thanks for the question. As per the guideline we are allowed to attempt the first question. If…

Q: Among the given choices, which of these is not a negative consequence of population growth? a. Poor…

A: Consequesces of population growth:- Incomes, savings, and investment all suffer as a result of a…

Q: A country aims to double real GDP per capita in the next 25 years. If the rate of population growth…

A: Using the rule of 70 Growth rate to double = 70/years=70/25=2.8% Future value, FV = 2 Present value,…

Q: The rule of 70 shows us that a) very large economic growth rates are required to improve living…

A: The rule of 70 is a formula for calculating how long it takes for a person's money or investment to…

Q: Population of a Country The population of a country has a relative growth rate of 3% per year. The…

A: Population growth is the variation in the population concerning time. The population growth rate is…

Q: Higher business tax * (A) increase inflation (B) decrease inflation (C) does not directly affect…

A: Affect of Tax on the economy: Taxes are duties or additional charges levied on individuals and/or…

Q: At the beginning of the year, one developing country (DVC) has a real income per capita of $1,000.…

A: Real per capita income(RGDP) measures the total amount of money earned by per person. It is obtained…

Q: Population growth can either positively or negatively affect the levels of living in a nation. 2.…

A: Since you have posted a question with multiple sub-parts, we will solve first three sub parts for…

Q: In recent years, the developing countries’ fertility rate has been declining. 2. Projections place…

A: Developed countries in general have a lower fertility rate due to a high living, and as a result of…

Q: n the short term and with almost full employment, it is most realistic to increase GDP / per capita…

A: The original definition of full employment is a situation in which everybody wanting to work for the…

Q: S1: A high fertility rate reduces the per capita income, be it the Gross National Income per Capita…

A: Fertility rate refers to the number of live birth per 1000 women of reproductive age in a year. A…

Q: MODIFIED TRUE OR FALSE Take-off stage of growth begins when industrial or manufacturing society…

A: Meaning of Economics: The term economics refers to the situation under which there remain…

Q: These are the leading causes of population growth: ? Poverty ? Poor Contraceptive Use ? Child Labor…

A: Population growth has been exponentially high particularly in the least developed countries, The…

Q: Calculate the proportion of Kumasi for 2021, if the growth rate is 3% per annum and death rate is…

A: The proportion of population of a country keeps changing every year due to various factors that…

Q: HDI Data for Selected Countries in 2015 Life Expectancy at Birth Expected Years of Schooling at…

A: The following problem has been answered as follows:

Q: How can the age structure of population affect economic development? ( b) Describe the…

A: (A) Age structure information permit the rate of development (or decay) to be related with a…

Q: In 1980, a Chinese woman would choose point F on IC7 and have 1 child over her child bearing years.…

A: Disclaimer: Since it is a multi-part question, I am providing you with the answer to the first four…

Q: The capabilities of a person are sourced from himself, his family, the community and the national…

A: 1. The capabilities of a person are sourced from himself, his family, the community and the national…

Q: How significant an issue is this for the countries studied? Consider the implications of income…

A: Economic inequality can be quantified in a variety of ways, the most common of which are the income…

Q: 1. Give ideas/examples can the international community (United Nations) take in improving affordable…

A: Answer - "Tahnk you for submitting the question but we are authorized to solve one question at a…

Q: What can be inferred with respect to economic growth and price control in GDP per capita (current),…

A: What may be deduced from GDP per capita (current), GDP growth rate, and inflation rate in terms of…

Q: TRUE OR FALSE: 1. Economic growth and poverty have a strong positive correlation. 2. High-income…

A: 1. Economic growth and poverty have a strong positive correlation. Economic growth has a trickle…

Q: • The economic growth measures the ____. a. increase in PPP b. increase in education index c.…

A: Government has certain tax revenue available with them through which they have to carry out…

Q: An increase in the standard of living of citizens of a country can be best measured by the growth…

A: Per capita nominal GDP:- Nominal GDP per capita=Nominal GDPPopulation…

Q: Which geographic region within the developing world noticed the fastest growth in working-age to…

A: The world and most regions including different countries which are experiencing an unprecedentedly…

Q: A direct or positive relationship exists between a country's a.rate of population growth and its…

A: The term real GDP is a macroeconomic idea that actions the last market worth of the relative…

Q: A rise in the GDP per capita over time most likely to indicate Select one: O a. that the national…

A: GDP is defined as the total production of all goods and services within territory of the country in…

Q: TRUE OR FALSE 1. A high fertility rate reduces the per capita income, be it the Gross National…

A: Note: Since, you've posted question with multiple sub-parts, we will solve the first the first three…

Q: What do you understand the difference to be between economic growth and economic development?…

A: Economic Growth Economic Development (i) Economic Growth means an increasing in economic variable(…

Q: Explain the notion of the hidden momentum of population growth. Why is this an important concept for…

A: Hidden momentum of population growth refers to the phenomenon whereby population of a nation…

Q: What is the demographic transition? Contrast the demographic transition view of population growth…

A: The demographic transition refers to a phenomenon of historical shift of some macroeconomic…

Q: 71.Improvements in nutrition and health care typically increase life expectancies and decrease…

A: Nutrition and healthcare services play an important role in the demographic changes that occur in…

Q: TRUE OR FALSE: 1. The one with the bigger per capita GDP between two countries will have a more…

A: GDP refers to the final value of all goods and service that produce by a nation in its domestic…

Concept explainers

Economic Growth

It means the rise in the manufacturing levels of a country’s products/services over a while. It is calculated in terms of the real income of the people of the country. When the production of products/services begins, the manufacturers will hire employees, which in turn raises the income of the people and it will also raise the buying power, this eventually leads to the circulation of money that directly helps in the increase in the Gross Domestic Product (GDP). Thus, GDP is calculated by economists to calculate the growth in the country.

Question

On average, growth in per capita income is associated with a______:

_{Question 50 options:}

1)	rise in poverty.

2)	rise in fertility

3)	fall in poverty.

4)	fall in literacy rate

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

This is a popular solution!

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Trending now

This is a popular solution!

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.

Similar questions

True or False 1. The end of economic development is the improvement of quality of life and capabilities so long as a substantial number of people benefits. 2. What a country has for its resources determines to a great extent its ability to influence the decision-making processes of another country. 3. As globalization disposes integration of national economies, countries must expand it into international markets. 4. Income levels, attrition rate in school enrollment, incidence of migration from rural to urban centers are among the non-economic variables in determining extent of economic development. 5. For economic development to become manifest, it must be a result of the interplay of economic and non-economic factors.
TRUE OR FALSE: 1. In developing countries, concentration of resources on higher education rather than basic education tends to lead in greater inequality. 2. The population growth, as the evidence suggests, also has a positive effect on economic growth.
pleasee quickkk !!!! Long-run economic growth can help alleviate the problems of poverty by... a. Requiring increased saving on the part of most of the population. b. Generating more resources that can be used to reduce income inequality. c. Reallocating income away from low-value production to increase the incentives for high-value production. d. Increasing future consumption for the middle class. e. Creating new low-paying jobs for the unemployed.
TRUE or FALSE 1. Population growth can either positively or negatively affect the levels of living in a nation. 2. Vast increases in birth rate is a health and nutrition issue in developing countries. 3. The spread of COVID -19 is directly related to population density. 4. Morbidity rates are not a concern in developed countries. 5. A pandemic knows no issue of race, religion, language, or even wealth. 6. Response to a pandemic is economic and political but not socio-cultural. 7. Demographic transition is a social, economic, cultural but not necessarily a scientific phenomenon. 8. Per capita income is synonymous with disposable income. 9. To be in Malthusian Population Trap means that the population growth rate stays way above the growth rate of total income and vice versa. 10. All available technologies to control population are scientifically proven via experiments by all…
TRUE OR FALSE: 1. Economic growth and poverty have a strong positive correlation. 2. High-income countries have a higher population growth compared to low-income countries.
Question 5.A critically explains the cost of growth.
TRUE OR FALSE: 1. With regards to the nation’s economy, population growth rate has a major impact on it. 2. In underdeveloped nations, practically all income is utilized to buy consumer goods, which leaves little, if there’s any, for the savings.
If the real GDP per capita in 2004 is $36 000 and in 2005 it is $37 800, what is the economic growth rate? a. 4.76% b. 5.00% c. $1800 d. –4.76% Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
Assuming a country’s economy maintains an 8% rate of growth, young adults starting at age 20 would see the average standard of living in their country more than double by the time they had reached age __________. Question options: a) 30 b) 60 c) 50 d) 40 Country Alpha and Country Beta initially have the same real GDP per capita. Country Alpha experiences no economic growth, while CountryBeta grows at a sustained rate of 5 percent. In 14 years, Country Alpha’s GDP will be approximately _________ that of Country Beta. Question options: a) triple b) double c) one-half d) one-fourth
In the short term and with almost full employment, it is most realistic to increase GDP / per capita by: a. Employees move to sectors with higher labor productivity b. Labor productivity becomes higher, e.g. through increased investment and better education c. Taxes are reduced so that it pays to work harder d. The state supports industries with highly expected growth potential
True or False: The term developing country (DVC) is applied to rich nations like the United States and Germany because their economies are always growing quickly by developing new technologies.
Growth rates of per capita GDP: Compute the average annual growth rate ofper capita GDP in each of the cases below. Te levels are provided for 1980and 2014, measured in constant 2011 dollars.11