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

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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