Ans) the correct option is d) Hong Kong and the United States
Convergence of the income gap has been most dramatic between Hong Kong and the United States
60) Convergence of the income gap has been most dramatic between A) the Central European countries...
We most likely would expect economic convergence (that's, a convergence in per capita income level) between: a) Europe and Africa b) Spain and Germany c) Brazil and United States d) Panama and Great Britain
In 2005, the lowest per capita GDP figures were seen in: a. Transition countries (Central and Eastern European and Central Asian countries). b. Latin America. c. East Asia. d. Arab States Please explain. Thanks!
11. Approximately what is the ratio of per capita income in North America and that in East Asia (see fig. 1.11)? Between North America and South Asia? 95% TABLE 1.1 Quality-of-Life Indicators LEAST-DEVELOPED MOST-DEVELOPED COUNTRIES COUNTRIES GDP/Person (US$1671 (US$35,768 Poverty Index 781% 0 Life Expectancy 58 years 80 years Adult Literacy 58% 99% Female Secondary 11% Education Total Fertility Infant Mortality 120 Improved Sanitation 23% 100% Improved Water 616 100% co/capita 02 tons 13 tons ANNUAL gross domestic product 2PERCENT...
In what region of the world has progress on human development been most challenging? Select one: a. Micronesia b. Africa c. South East Asia d. Oceania e. Latin America
Consider two economies with fixed, differential TFP’s and are otherwise identical. (a) In Malthusian models, can fixed, differential TFPs explain the persistent gap in per capita income betwee rich and poor countries? Please explain. (b) In Solow models, can fixed, differential T F P s explain the persistent gap in per capita income betwee rich and poor countries? Please explain. (c) In Solow models, can fixed, differential TFPs explain the East Asian miracle [the fast growth of Japan, South Korea,...
Which of the following countries has abolished tied aid? Select one: a. France b. The United Kingdom c. Portugal d. The United States e. South Korea
PART A In the United States, the gap between the higher-income groups and the lower-income groups, as a percentage of what they earn relative to the country's total earnings, has widened the past several decades. Therefore, we can conclude that: The relative gap between the richest 20% of our income earners and the poorest 20% of our income earners has narrowed. the richest 20% of our income earners has gotten poorer and the poorest 20% of our income earners has...
By 1797, the United States had been mocked by the French (XYZ Affair), attacked repeatedly by the Barbary States, and bullied by the English. How did the United States finally change its foreign policy as a result of these problems? a. The United States authorized an Army and Navy for the first time since the Revolutionary War. This resulted in six new warships, a Marine Corps and a small army, which was able to defeat the Barbary States by 1805...
13. The Black Death was a pandemic that killed 30 to 60 percent of Europe's population. As a result of this plague, European wages increased, and the price of land decreased. What is the most likely explanation for this? (A) Demand for labour decreased, and supply of land increased. (B) Demand for labour increased, and supply of land decreased. (C) Supply of labour decreased, and demand for land increased. (D) Supply of labour decreased, and supply of land increased. 14....
1-The ________ has a monopoly in proposing European Union legislation because the council cannot legislate without its permission. 2-Some governments "threaten" trade sanctions or other measures as a way to get another government to enforce safety standards or enforce intellectual property laws. This method of intervention is known as..... 3-Regional trade blocs in Africa have been slow to establish mostly because of.... 4-For years, many U.S. corporations made cameras. Today; however, most cameras sold in the United States are imported...