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One of objectives of economic development is human capital development.
a.) True
b.) False
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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.S1: A high fertility rate reduces the per capita income, be it the Gross National Income per Capita or the Gross Domestic Product per capita. S2: The natural environment can bring about increase or decrease in population growth rate. A. True, True B. True, False C. False, True D. False, False7. Which of the above figures represents economic growth caused by an improvement in the technology of producing product of both X and Y? a) FIG A b) FIG B c) FIG C d) FIG D
- Assume real per capita GDP in West Swimsuit is $8,000 while in South Darlinia it is $2,000. The annual growth rate in West Swimsuit is 2.33%, while in South Darlinia it is 7%. How many years will it take for South Darlinia to catch up to the real per capita GDP of West Swimsuit? What will the income of the two countries be when it is equal? type answer only. Do it correctly. Multiple votes will given accordingly.TRUE or FALSE 11. A high fertility rate reduces the per capita income, be it the Gross National Income per Capita or the Gross Domestic Product per capita. 12. The natural environment can bring about an increase or decrease in the population growth rate. 13. Rapid population growth does not necessarily reflect market failure. 14. Urbanization and localized economies lead to resource immobility 15. The most relevant advantage of locating a firm in an Industrial District is knowledge spillover. 16. The K -12 Program added years to basic education but Philippines student learning still lags behind many East Asian countries. 17. Investment in human capital is beneficial in the short run but investment in physical capital is beneficial in the long run. 18. Centralized urbanization leads to underdeveloped peripheral economies. 19. Improving hard infrastructures rather than soft infrastructures is absolutely a…1. Why is a strictly economic definition of development inadequate? What do you understand economic?development to mean? Can you give hypothetical or real examples of situations in which a country may be developing economically but may still be underdeveloped?
- 1. Which is not true regarding the role of human capitals in economic development? a. Supplies labor for industry sector b. Source of industrial human resource c. Gives a market for non-agricultural commodities d. None of the above 2. Among the given choices, which doesn’t correlate with the global poverty? a. technology b. population growth c. low defense budget d. gender inequalityDiscuss three (3) negative consequences of population growth.a)Interpret the data from the table and distinguish the relationship between the two countries. identify a public policy that can improve employment. State an example Unemployment Rate Year Country C Country D 2016 6.0 19.9 2017 5.8 19.1 2018 5.1 19.3 2019 5.0 15.6 2020 5.7 17.1 B)Interpret the data from the table and distinguish the relationship between the two countries. identify a public policy that can improve economic growth. State two examples Economic Growth rate Year Country A Country B 2016 4.0 3.2 2017 3.5 2.8 2018 2.6 2.0 2019 1.7 2.1 2020 -20.2 -2.1
- Last year, real GDP per person was $4,200. The year before it was $4,000. By what percentage did real GDP per person grow during the period? a. 200 percent b. 10 percent c. 5 percent d. 50 percent.Education seems to be important for human capital deepening. As people become better educated and more knowledgeable, are there limits to how much additional benefit more education can provide? Why or why not?An economy starts off with a GDP per capita of 5,000. How large will the GDP per capita be if it grows at an annual rate of 2 for 20 years? 2 for 40 years? 4 for 40 years? 6 for 40 years?