Countries with low GDP per person tend to have a. lower rates of child malnutrition. b. fewer infants with low birth weight. c. higher rates of infant mortality. d. more access to safe drinking water.
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- Countries with low GDP per person tend to have
|
a. |
lower rates of child malnutrition. |
|
b. |
fewer infants with low birth weight. |
|
c. |
higher rates of infant mortality. |
|
d. |
more access to safe drinking water. |
Gross domestic product (GDP) is a monetary measure of the market value of all final goods and services produced by countries in a given time period.
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- 28. Country A has a GDP-per-capita of $500, and Country B has a GDP-per-capitaof $75,000. Which of the following is NOT a plausible reason for Country B’s higherGDP-per-capita?(A) Country B has more open and inclusive economic and political institutions.(B) Country B has more natural resource wealth.(C) Country B has lower productivity.(D) Country B has more capital.The demographic transition refers to: a. The increase in fertility rates and the number of children per family that many societies undergo as they transition from urban centers to farmland. b. The increase in fertility rates and the number of children per family that many societies undergo as they transition from rural to urban centers. c. The decrease in fertility rates and the number of children per family that many societies undergo as they transition from rural to urban centers. d. The decrease in fertility rates and the number of children per family that many societies undergo as they transition from urban centers to rural locations.The real GDP per person in a country A has grown about 4 percent per year. When this country' GDP will be double?
- 1 There are positive and negative consequences to using real GDP per capita in an analysis. List one positive benefit. List one negative consequence. What is a better alternative to use to measure how much a typical person makes in a country?1. What metrics can help analyze the economic environment of a country?Investments in human capital include all the following except A. attending college. B. saving money for college. C. exercising. D. maintaining a healthy weight. E.immunizing children against diseases..
- 28. Country A has a GDP-per-capita of $500, and Country B has a GDP-per-capita of $75,000. Which of the following is NOT a plausible reason for Country B's higher GDP-per-capita? (A) Country B has more open and inclusive economic and political institutions. (B) Country B has more natural resource wealth. (C) Country B has lower productivity. (D) Country B has more capital. 29. After lockdowns were declared globally in 2020, the price of oil crashed from $64 per barrel in January to $18 per barrel in April. What is the most likely reason that lockdowns contributed to the oil price crash? (A) Supply increased due to oil companies reallocating resources to help with the COVID-19 pandemic. (B) Supply decreased due to oil workers being furloughed. (C) Demand increased from factories producing Personal Protective Equipment for essential workers. (D) Demand decreased since fewer people were commuting to work. 30. Suppose that the GDP deflator is 150, and nominal GDP is $7.5 billion. What is…lacmillan Learning Use the table to answer the questions. Round your answers to the nearest cent. Population Country Gross domestic product (GDP) Country A Country B $1.5 trillion 100 million $5 trillion 400 million What is the GDP per capita for Country A? $ What is the GDP per capita for Country B? $ Which country has the largest average GDP per capita? O Country A O Country BWhich statement is NOT true? a. Government expenditure has direct control of a country's economic growth and businesses. b. investments in education and infrastructure are not likely to boost economic growth and labor productivity in the long run. c. Government spending also helps lower-income inequality among individuals. d. A high gross domestic product (GDP) doesn't necessarily translate into well being or higher living standards for citizens.
- 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 aboveThe shortage of resources to satisfy all human wants is known as __________. a. Abundance of resources b. Sufficiency of resources c. Unlimited resources d. Scarcity of resourcesWhat is the issue about Economics (Domestic Resources)? Give a narrative.