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which of the statement is true?
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- An increase in the standard of living of citizens of a country can be best measured by the growth rate of per capita nominal GDP nominal GDP real GDP per capita real GDPAssume the total real income of a developing country increases from $8.5 billion to $8.5 billion, while its population expands from 14 to 15 million people from one year to the next. Over the year, per capita income has decreased by about $5 per person. increased by about $1 per person. decreased by about $46 per person. increased by about $500 per person.Assume that the real output of a developing nation increases from $50 billion to $62 billion, while its population expands from 100 to 115 million. As a result, real income per capita has increased by about $39 per person. $64 per person. $12 per person. $27 per person.
- TRUE OR FALSE: Population growth in high-income countries is higher than in low-income countries.The capabilities of a person are sourced from himself, his family, the community and the national and international economic and political environments. The core values of development are achieved in sequential manner. Gender Inequality Index is a measure of development. Social fractionalization is developing countries is generally caused by politics. Investment in health and nutrition of people is investment in human capital. The Gross National Income of any country is approached as a value added. Malnutrition, child mortality and life expectancy are the primary indicators of the health of people regardless of which nation they are from. When the S-shaped function cuts the 45-degree line of equality from above, the equilibrium achieved is stable. Institutions play a crucial role in the macro and micro perspectives of the development process. Decolonization is a relevant part of development for the colonized countries but not for the colonizing countries. There are adverse economic…For most high-income countries of the world, GDP _________________ over time. has proven to be stable has risen gradually has declined slightly has sharply risen
- Why Economic Development is preferred over Economic Growth. Do you think Developed countries are economically more developed than developing countries? Explain it with examplesInterpret the gnp growth rate of the philippines over the years and explain its implication.True/ False Economic development refers to the growth of the GDP of an nation.
- Relate population growth and age structure to the level of economic development in different countriesWhich geographic region within the developing world noticed the fastest growth in working-age to non-working-age population ratio from 1950 to 2011? Sub-Saharan Africa Middle East Oceania South East AsiaIn many developing nations, young women have lower enrollment rates in secondary school than do young men. Describe several ways in which greater educational opportunities for young women could lead to faster economic growth in these countries.
