We most likely would expect economic convergence (that's, a convergence in per capita income level) between:...
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
Homework Answers
As we know convergence in per capita income means per capita level income is same in the two nations, therefore, the right answer is B, that is, Spain and Germany. As both Spain and Germany are highly developed nations and the gap between their per capita income is less as compared to the countries given in the other options.
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We most likely would expect economic convergence (that's, a
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Does the relationship between the initial level of real GDP per capita and the growth in...
Does the relationship between
the initial level of real GDP per capita and the growth in real GDP
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Please help me with my economics homework? 1. The United States and Brazil each produce only...
Please help me with my economics homework?
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a) Why do you think we choose to measure emissions per person rather than total CO2...
a) Why do you think we choose to measure emissions per person
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b) Make a stemplot to display the data.
c) Describe shape, center, spread of the distribution
d) Use the 1.5xIQR rule to determine the possible outliers. List
the outliers. Show all work.
e) No visually, using the stemplot you created, what are the
additional outlier(s)? Discusses why you chose these outlier(s)
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Does the relationship between
the initial level of real GDP per capita and the growth in real GDP
per capita for The United States, Western Europe, Canada, and Japan
from 1990 to 2014 support the catch-up hypothesis?
Question 22 (1 point) Does the relations hip between the ini tial level of real GDP per capita and the growth in real GDP per capita for The United S tates, Western Europe, Canada, and Japan from 1990 to 2014 support the catch-...
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Please help me with my economics homework?
1. The United States and Brazil each produce only cheese and wine. Domestic prices are given in the following table United States $5 per pound Brazil 8 BRL per pound 15 BRL per bottle Wine $8 per bottle On April 1, the London exchange listed an exchange rate of $1-1 BRL According to the table, (1) production of wine has an absolute advantage in the production of cheese and (2) has an absolute...
Big Rock Insurance Company did a study of per capita income and volume of insurance sales in eight Midwest cities. The volume of sales in each city was ranked, with 1 being the largest volume. The per capita income was rounded to the nearest thousand dollars. Reading 1 2 3 4 5 6 7 8 Rank of insurance sales volume 2 4 3 6 7 5 8 1 Per capita Income In $1000 19 17 18 14 12 13 15...
statement is a(n): var I wisib est level o alue son interes Poduc States than in in the United. United States duce sur 2 Unemployment decreased to its lowest level in 10 years last month. This stateme C) normative statement. B) cample of an opportunity cost. D) value judgment. A) positive statement Ir the opportunity cost of manufacturing machinery is lower in the United States than Britain and the opportunity cost of manufacturing sweaters is higher in the United States...
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the outliers. Show all work.
e) No visually, using the stemplot you created, what are the
additional outlier(s)? Discusses why you chose these outlier(s)
f) In this case, is it better to use...
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