According to the 2018 Foreign Aid table below: Percentage of Donor Total Income Country Total Aid ($ billions) Ints United States $34 0.17% United Kingdom 19 0.70 Germany 25 0.61 France 12 0.43 Japan 14 0.28 Sweden 1.04 Canada 0.28 Italy 0.19 Australia 3 0.23 24-Nation Total $153 0.31% Source: OECD (2018 data). Instructions: Enter your responses as a whole number. a. How much foreign aid did the United States provide in 2018? 24 34 billion b. How much more aid is required to satisfy the UN's Millennium Aid Goal if U.S. GDP was $20 trillion? (Hint The UN's Millennium Aid Goal is to raise foreign aid levels to 0.7 percent of donor-country GDP.) 24 20 billion

According to the 2018 Foreign Aid table below: Percentage of Donor Total Income Country Total Aid ($ billions) Ints United States $34 0.17% United Kingdom 19 0.70 Germany 25 0.61 France 12 0.43 Japan 14 0.28 Sweden 1.04 Canada 0.28 Italy 0.19 Australia 3 0.23 24-Nation Total $153 0.31% Source: OECD (2018 data). Instructions: Enter your responses as a whole number. a. How much foreign aid did the United States provide in 2018? 24 34 billion b. How much more aid is required to satisfy the UN's Millennium Aid Goal if U.S. GDP was $20 trillion? (Hint The UN's Millennium Aid Goal is to raise foreign aid levels to 0.7 percent of donor-country GDP.) 24 20 billion

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter19: The Macroeconomic Perspective

Section: Chapter Questions

Problem 32P: In 1980, Denmark had a GDP of 70 billion (measured in U.S. dollars} and a population of 5.1 million....

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