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- Are rapid economic growth (as measured by either GNI or per capita GNI) and a more equal distribution of personal income necessarily conflicting objectives?What is the relationship between property rights, corruption and economic progress? do the anti-corruption efforts improve the country level of economic development?What can be inferred with respect to economic growth and price control in GDP per capita (current), GDP growth rate and inflation rate.
- 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.11if a nation real gdp is growing by 3.5 percent per year , its real GDP will double in aproxiately 1. 41.1 years 2, 20.6 years 3, 10.3 years 4, 72 yearsAccording to the table, which country will have the higher rGDP per capita in 17.5 years? Econia Macroland Nomicia Zaria rGDP per capita $5000 $8000 $12000 $15000 growth rate of rGDP per capita 10% 7% 4% 1% Nomicia because it has a higher starting GDP Nomicia because its rGDP per capita will double and Econia's will still lag behind even though it is growing at a faster rate Econia because its growth rate is higher Econia because its rGDP per capita will have time to double and then almost double again
- State some reason why the demographic trend and Human Development Index may affect the Gross Regional Domestic Product and economic growth?Based on World Bank data, Philippines real per capita GDP in 2019 was US$3,850. It needs to increasethis to at least US$15,000 to attain a high income country status. By how much should real per capitagrown annually if it want to achieve this status in year a) 2028; b) 2037; c) 2055?You have just conducted a growth accounting exercise for one Eastern European country. Your results show that during the period 2002-2007 the growth rate of per capita GDP was 5.9% where the contribution of capital was 4% and the contribution of workers was 1.4%. What was the contribution of TFP?
- A country aims to double real GDP per capita in the next 25 years. If the rate of population growth in the country is 3.39% per year then at approximately what rate does real GDP need to grow to achieve this goal? Enter a number rounded to two decimal places. Do not enter a percent sign. Previous Next ASUSWhat is the equivalent organization to OECD (Organization for Economic Co-operation and Development) that primarily focuses on lesser developed and developing countries? SolBased on World Bank data, Philippines real per capita GDP in 2019 was US$3,850. It needs to increase this to at least US$15,000 to attain a high-income country status. By how much should real per capita grown annually if it wants to achieve this status in year a) 2028; b) 2037; c) 2055?