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4. This means the total output in a given year in country A is higher than country B. However, country B has a smaller population and because of that the per person output is higher in country B. This also means people in country B has higher average income and a higher standard of living.
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4. What does it mean if country A has a higher GDP than country B, but...
T. Why some country prefer higher gdp ? Clo marks) 2. what is difference between gdp...
T. Why some country prefer higher gdp ? Clo marks) 2. what is difference between gdp and mpc lo marks) 3. why higher gdp does not mean good? Clomats) 4. what are the factors that can affects the gap? (5 marks) 5. what are the components con affects the gap?
1. What does the trade-to-GDP ratio measure? Does a low value indicate that a country is...
1. What does the trade-to-GDP ratio measure? Does a low value indicate that a country is closed to trade with the outside world? 2. Describe the pattern over the last century shown by the trade-to-GDP ratio for leading industrial economies. 3. In relative terms, international capital flows may not be much greater today than they were a hundred years ago, although they are certainly greater than they were fifty years ago. Qualitatively, however, capital flows are different today....
Suppose that when converting to the same currency values, the nominal GDP per capita in the...
Suppose that when converting to the same currency values, the nominal GDP per capita in the fictional country of Islandia is 25 percent higher than the nominal GDP per capita in the fictional country of Mountainia. However, the purchasing power for the same amount of Islandia currency is about 40 percent lower in Islandia than in Mountainia. If we use Islandia as the base country for comparison, the PPP-adjusted GDP per capita in Mountainia i(Click to select) ts nominal GDP....
e Page(s) 180-182 6.2. What does GDP tell us about the economy? The real GDP of...
e Page(s) 180-182 6.2. What does GDP tell us about the economy? The real GDP of Country A grew by only 1% from 2011 to 2013, while the real GDP of Country B grew by 5% during that same time span. Based on the data, what can we say definitely about the two countries? Correct Answer(s) Drag appropriate answer(s) here Country Bhas a very high quality of life. Country A has a modestly high quality of life. Country A's economy...
2.What does mean a PBR much higher than 1 ? 3.Does a “high”P/E necessarily mean that...
2.What does mean a PBR much higher than 1 ? 3.Does a “high”P/E necessarily mean that the company is experiencing a high growth ? 4.Do you prefer to buy liquid stock ? 5.What are the two components of a stock return ?
Country A has a GDP of $6,800 in Country A dollars, and Country B has a...
Country A has a GDP of $6,800 in Country A dollars, and Country B has a GDP of $4,200 in Country B dollars. If the exchange rate is 0.75 Country B dollar to 1 Country A dollar, what is Country B's GDP in Country A dollars?
Table 5.1 Consider the following table for the country of Ophir Year Nominal GDP GDP Deflator...
Table 5.1 Consider the following table for the country of Ophir Year Nominal GDP GDP Deflator 2018 $8000 100 2019 $8200 105 2020 $8400 110 Refer to Table 5-1. What can we conclude about real GDP from this information? a. Real GDP was higher in 2020 than in 2018, and real GDP in 2019 was higher than in 2020. O b. Real GDP was higher in 2018 than in 2019, and real GDP in 2019 was higher than in 2020....
In the country of Poor, GDP per capita at purchasing power parity is $40.000. In the...
In the country of Poor, GDP per capita at purchasing power parity is $40.000. In the country of Rich GDP per capita at purchasing power party is $60,000. What is NOT a reason someone might want to live in Poor instead of Rich? Select one: O a. It's possible that in the country of Rich, a few people have most of the money. If that was true, then most people might actually be ablevo buy more goods and services in...
(B) The gross domestic product (GDP) is frequently revised after the statistics are initially published. Does...
(B) The gross domestic product (GDP) is frequently revised after the statistics are initially published. Does this mean that GDP statistics are unreliable and shouldn't be used until after the final revision has been published? Why or why not?
Country A has a smaller stock of capital than Country B, but the supply of labor...
Country A has a smaller stock of capital than Country B, but the supply of labor in both countries is equal. What does this imply? A) The increase in output due to the use of an additional unit of capital will be smaller in Country A than in Country B. B) The increase in output due to the use of an additional unit of capital will be larger in Country A than in Country B. C) The use of an...
T. Why some country prefer higher gdp ? Clo marks) 2. what is difference between gdp and mpc lo marks) 3. why higher gdp does not mean good? Clomats) 4. what are the factors that can affects the gap? (5 marks) 5. what are the components con affects the gap?
Suppose that when converting to the same currency values, the nominal GDP per capita in the fictional country of Islandia is 25 percent higher than the nominal GDP per capita in the fictional country of Mountainia. However, the purchasing power for the same amount of Islandia currency is about 40 percent lower in Islandia than in Mountainia. If we use Islandia as the base country for comparison, the PPP-adjusted GDP per capita in Mountainia i(Click to select) ts nominal GDP....
e Page(s) 180-182 6.2. What does GDP tell us about the economy? The real GDP of Country A grew by only 1% from 2011 to 2013, while the real GDP of Country B grew by 5% during that same time span. Based on the data, what can we say definitely about the two countries? Correct Answer(s) Drag appropriate answer(s) here Country Bhas a very high quality of life. Country A has a modestly high quality of life. Country A's economy...
Table 5.1 Consider the following table for the country of Ophir Year Nominal GDP GDP Deflator 2018 $8000 100 2019 $8200 105 2020 $8400 110 Refer to Table 5-1. What can we conclude about real GDP from this information? a. Real GDP was higher in 2020 than in 2018, and real GDP in 2019 was higher than in 2020. O b. Real GDP was higher in 2018 than in 2019, and real GDP in 2019 was higher than in 2020....
In the country of Poor, GDP per capita at purchasing power parity is $40.000. In the country of Rich GDP per capita at purchasing power party is $60,000. What is NOT a reason someone might want to live in Poor instead of Rich? Select one: O a. It's possible that in the country of Rich, a few people have most of the money. If that was true, then most people might actually be ablevo buy more goods and services in...
(B) The gross domestic product (GDP) is frequently revised after the statistics are initially published. Does this mean that GDP statistics are unreliable and shouldn't be used until after the final revision has been published? Why or why not?
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