Answer: Germany
Explanation : Germany is the developed country with high income because it has lot of industries especially concentrated with automobile insdustries. Nigeria, Somalia, Bolvia are the countries which are not economically developed and earns very less income.
Some prominent members of the slow-economic growth country club include a high- income country like 1)...
It is estimated that 20% of the members of a health club have high blood pressure. A sample of 4 club members are selected at random. Let r be the number with high blood pressure. Find P(r) for 0, 1, 2, 3, and 4. Round to four decimals. What is the expected number of members in the sample who will have high blood pressure? What is the standard deviation? Could this situation be approximated with a normal model? If we changed the...
which country has experienced higher growth per capita:
Economic Growth Skills Check • Short answer questions continued 3. Which country has experienced higher growth per capita: A, whose economy is growing a 4% rate & whose population is growing at a 3% rate Or B, whose economy is growing at a 3% rate and whose population is growing at a 1% ate? Show all your work!
For each of the following economic changes, state which determinant of growth it will affect: 1-Invention of the Wheel 2-Discovery of a new aquifer 3-After school computer club for kids 4-Imigration Increases
Economic Growth Skills Check Short answer questions continued: 3. Which country has experienced higher growth per capita: A, whose economy is growing a 4% rate & whose population is growing at a 3% rate B, whose economy is growing at a 3% rate and whose population is growing at a 1% ate? Show all your work!
Multiple Choice Questions (10%) 1. Which country has experienced the highest GDP growth in recent years? A. China B. USA C. Russia D. Greece 2. Which country has the largest total annual real GDP? A. China B. USA C. Japan D. Germany What is the partial derivative of f(x.y)- Zx'y with respect to x? A. Zero B. Cannot be calculated analytically C. aže'y 3. 4. The relationship between the level of growth of an economic variable, g and its level,...
Short note on the following; 1. Growth vs Equity 2. Education and economic growth 3. Private Foreign Investment; Some pros and cons for development 4. Three basic types of planning models
Economics is about setting and ordering economic goals which are economic growth,full employment,economic efficiency, price level stability,economic freedom,equitable distribution of income, economic security, balance of trade. How you order the goals is based on your political philosophy-its based on value judgements-its a normative issue. Some goals are complimentary while others conflict. For example if you prioritize economic freedom and growth you are a conservative and likely to vote republican.. You would de-emphasize equity and security. If equity and security are...
Lh 22HWK 1. Help Save & b. Low labor productivity can slow economic growth because workers in the DVCs produce 0.25 O more than their respective counterparts in the IACs with less resources less than their respective counterparts in the IACs with more resources O more than their respective counterparts in the IACs with the same amount of resources. O less than their respective counterparts in the with the same amount of resources. c. Large populations can reduce per capita...
knewton.com yestin hgrowth perore the industrian Revoltioity Which of the following applies to economic growth? 1. Economic growth allows people to buy more goods and services. 2. Economic growth is the expansion of the economy's production possibilities. 3. Economic growth is represented by a movement from a point inside the production possibilities curve to a point on the curve. Select the correct answer below: O 1, 2, and 3 0 1 and 2 only 0 1 and 3 only O...
1) Which of the following is NOT an argument about economic growth presented in this class? Group of answer choices A) Economic growth is desirable B) Economic growth is not desirable C) Economic growth is necessary but is NOT desirable in any way D) Economic growth is not only desirable but also necessary E) All of the above are arguments presented in this class 2) One argument concerning economic growth made the following argument. Without economic growth, there would likely...