The world’s rich countries, such as the UnitedStates and Germany, have income per person that isabout _________ times the income per person in theworld’s poor countries, such as Pakistan and India.a. 2b. 4c. 10d. 30

Q: 4,600 4,375 100 100 25 4,700 4,450 100 100 25 4,800 4,525 100 100 25 4,900 4,600 100 100 25 5,000…

A: Equilibrium level of income is where Y = C+ I+ G+NX so here we can calculate the terms and find…

Q: A small county wants to increase its real GDP from $18,000 to $36,000. If they want this to happen…

A: Using rule 70, the growth rate can be calculated as follows: Number of years=70Growth rateGrowth…

Q: AVERAGE INCOME PER FAMILY Distributed by income group TOP 0.01% $23,846,950 Top 0.01% Top o.01-0.1%…

A: Per capita income means average income of population. It is the ratio of total income and total…

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A: 1. To determine the rate of return we need to divide net operating profit by capital employed. To…

Q: 80 70 SWE DEN NOR 60 NLD FIN 50 NZL JPN CHE CAN AUS 40 AUT ESP "IRL ITA DEU USA 30 GBR BEL GRC ISR…

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Q: Payments of factor income to the rest of the world Net private domestic imestment Persoral income…

A: PI {personal income} is described as the money received collectively by the natives of a nation. The…

Q: The figure shows the relationship between the Gini coefficient and annual average GDP per capita…

A: Among the high performers we find countries like Finland, Sweden, Norway, Belgium, Denmark,…

Q: Aa4. Why is it important to determine when income is derived and when an outgoing is incurred?…

A: Answer -

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Q: 5. What evidence shows a growing agreement in the US that economic inequality is a problem?

A: The variety found in the distribution of income and wealth among the population in an economic…

Q: Households receive a total income of $5 million. Of this, $3.5 million are wages received for labor…

A: Given: Total income=5 million Wages received=3.5 million Rent payment=1 million Interest…

Q: 7a.Depict a Production Possibility Curve with a continuous tradeoff between two alternatives:…

A: The production possibility curve (PPC) represents the various combinations of two goods which can be…

Q: Susan is a single mother with three children. She is a cashier at a food market earning $7.75 per…

A: The poverty trap refers to the situation in which it is difficult for people to escape from poverty.…

Q: 45° Original Income Jelfare policy diagram right of Figure 6 are two circular red markers with a…

A: Government intervention is administrative move initiated by government that try to change the…

Q: Question text Which of the following is a determinant of productivity? a. Physical capital b. Tax…

A: (8)Question text: Which of the following is a determinant of productivity? a. Physical capital b.…

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A: The consumer price index (CPI) is defined as a weighted average of prices for a basket of consumer…

Q: how Thomas Piketty relates the return on capital (r) to the rate of economic growth (g) in the…

A: Thomas Piketty’s is the French economist whose English published book Capital in the twenty first…

Q: 1. Critique GDP per capita as a measure of welfare.

A: Hi! Thank you for the question As per the honor code, We’ll answer the first question since the…

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Q: Besides the Gini co-efficient, mention two other measures of the equality of income distribution in…

A: Equality of income distribution in an economy is measured with the help of Gini's Co-efficient.

Q: 7. If there is a mixed economy, there will be: a. All of these b. Government and public sector c.…

A: 7. If there is a mixed economy, there will be: a. All of these

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Q: Consider the following economy: C = 200 + 0.8 (Y - 0.25Y); I= 100 + 50i; G = 1000; EX = 40 + 2 ɛ; IM…

A: Solution: We have details for the economy as  C= 200+0.8(Y-0.25Y); I= 100+50i ; G=100  EX= 40+2e…

Q: 8.4 Describe the distribution of income andwealth in the United States.

A: There are different indicators to measure the performance of the economy. The income of the economy…

Q: Given: C = 4, 000 X = 4, 000 1, 000 I = 5, 000 NY = 9, 500 GDP = 10,000 Ху 3 3, 000 CCA = 500 i = 1,…

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Q: Which statements are TRUE?   1. Personal income is the income that is eventually spent or saved by…

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Q: 7. My total gasoline bill for a year ($1,500) 8. A Chinese citizen buys a U.S. government bond…

A: Hi! thanks for the question but as per the guidelines, we answer up to three subparts at one time.…

Q: 5. Make an eyeball estimate of what percent of US wealth is owned by the poorest 20 percent.

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Q: 50. Which of the following statements are true regarding the worldwide redistribution of wealth?…

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Q: 1. Investment can be a form of:  a. induced or autonomous b. private investment or public investment…

A: The amount of products purchased or accumulated per unit of time that is not utilized at the present…

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A: Answer - Need to find- Absolute gini for India and South Africa  Given in the question - Gini…

Q: Define the term “social capital.” Discuss the concept of social capital as it relates to the purpose…

A: The social capital is the interconnected network of the relationship of groups and individuals which…

Q: 54: When capital utilization in an economy approaches $500,000, what's more, the GNP is $2,050,000,…

A: Capital Utilization Capital utilization refers to the level of capital consumption that is being…

Q: sic income in

A: Positive statements are statements that are based upon facts and such statements could not either be…

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Q: 47) What is a greenfield investment? A) a brand-new investment B) a corporate shift toward a…

A: Greenfield investment is a type of foreign direct investment in which the investing company invests…

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A: Income is defined as the disposable income of a household in a given year.Income inequality refers…

Q: 1) Lorenz curve show the inequality in income distribution but it does not show a) the debts…

A: "Since you have asked multiple questions, we will solve first question for you .. If you want any…

Q: The tiny kingdom of Arugula has five residents, and the table below lists the annual income of each…

A: According to the given information, share of income is calculated by dividing the income to the…