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- No Plagiarism Please! How do improvements in technology and human capital influence productivity, economic growth, and standard of living within an economy?should the GDP per capita in the united states be higher than Canada'sWhat are the top 10 GDP/capita countries in the world? Please find the latest numbers. How does Canada and the USA rank in terms of GDP/capita?
- The International Property Right Index scores countries based on the legal and political environment and how well property rights are protected. Go online and find a recent ranking. Choose three countries with high scores and three countries with low scores. Then find estimates of GDP per person in each of these six countries. What pattern do you find? Give two possible interpretations of the pattern.Favorable health is associated with countries reflecting: Select one: a. A high gross domestic product or GDP per capita b. A low gross domestic product or GDP per capita c. A low gross nation product or GNP per capita d. None of the aboveSuppose country A has a GDP of 4000 with a population size of 200; country B has GDP of 9000 with a population size of 300. Which country is more likely to have a better living standard?
- The economic activity of a country is often quantified as the gross domestic product (GDP), which is the sum of private and government consumption, investments, and net exports (the value of exports minus the value of imports). For a developed country such as the United States, economists might see a GDP growth rate of 3% a year as reasonable. However, production and consumption create some pollution. By how much would pollution per dollar of GDP have to decline for pollution levels 50 years from now to be the same as current levels, assuming a 3% annual growth rate of GDP? In 75 years? In 100 years? (Hint: Let the current pollution level be 1 and find out what the future pollution level would be).What is the current real GDP per person in South Africa? How has this changed over the past 10 years?why Gross domestic savings (% of GDP) impact to Secondary education in a country ?
- Increases 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?Why is the population of low- income countries predicted to grow more quickly than the population of high-income countries?If a country’s GDP grows by 10% per year, why isn’t the number of years it takes to double the GDP simply 100%/10% = 10 years?
