Use the table below to answer the following questions. Country Bolivia China Ghana Argentina Brazil GDP per capita 2005 ($) 3,664 4,102 2,007 10,860 8,603 GDP per capita 2010 (5) 4,592 7,519 2,615 15,854 11,239 Which of the countries had the highest level of per capita income in 2010?
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- Country Namibia South Africa Botswana Zambia Brazil Per Capita Income (2017) $10,380 12,870 15,510 3,810 15,140 13,430 16,860 1,760 14,320 55,980 41,680 34,700 41,280 48,700 Percentage of Total Income Received by Highest Decile Honduras Mexico Haiti China United States France Spain Great Britain. Sweden Source: World Development Indicators, World Bank, 2018. $ 23,316 b. less than 30 percent of total income? 27 26 25 23 31 31 31 40 37 35 44 52 51 50 Using the figure, what is the average per capita income in nations shown in the figure where the highest-income decile gets: Instructions: Enter your responses as a whole number. a. at least half of total income?Q6. Explain and compare Pakistan’s HDI score with regional countries. Answer this question with respect to the data mentioned below HDI value HDI rank Life expectancy at birth Expected years of schooling Mean years of schooling GNI per capita (2017 PPP US$) Pakistan 0.557 154 67.3 8.3 5.2 5,005 Bangladesh 0.632 133 72.6 11.6 6.2 4,976 India 0.645 131 69.7 12.2 6.5 6,681 South Asia 0.641 — 69.9 11.7 6.5 6,532 Medium HDI 0.631 — 69.3 11.5 6.3 6,15322. Define the following: Per capita Income Monetary Policy World Bank International Monetary Fund National Income
- What is the following formula that could be used for calculating the per capita income of a country??C I G NX Price Yr1 1000 156 560 52 4 Yr2 1300 159 600 52 5 Yr3 2000 169 690 53 6 Yr4 2900 180 880 53 7 Population Yr1 2 Yr2 2 Yr3 3 Yr4 3 RGDP per capita in the year 1 = 1,768/4*2 = 1,768/4*2 = 221…G3: 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 correct
- a. Compare the differences and the similarities between the Gini Coefficient, the Human Development Index and the Gender Development Index. b. Identify 3 possible compilation issues statisticians can encounter in compiling Composite Human Indices.Thomas maltus theory of population and economyIncreases in GNP per capita are often interpreted as increases in welfare. What are some problems with this interpretation? What do you think is the biggest problem with it, and why?