According to the table, Canada has the eleventh-highest GDP among the countries with the largesteconomies in the world. Does this mean Canada also has the eleventh-best standard of living? Fillin the blanks to complete the passage.World's Largest Economies by GDP, 2013(1)(2)Country(3)(4)Per capitaGDP(U.S. dollars)Rank2013 GDP(billionsof U.S. dollars)$53,042United States$16,76816,8072China9,24038,6343Japan4,92046,2694Germany3,73042,5035France2,806United Kingdom41,78762,67811,2087Brazil2,2462,14935,9268Italy18,783Russia2,0971,49910India1,87711Canada1,82751,958Drag word(s) be low to fill in the blank(s) in the passage.Canada's GDPis athat Canadians have the eleventh-best standard of living. A nation'sbetter standard-of-living indicator, because it measuresUsing this measure, it looks likeCanada has a better standard of living than all but one other nation.total productivityindicatesdoes not indicateper capita GDPaverage income

Answer - By using the table given in the question -" GDP per capita is the gdp divided by…

Answered: According to the table, Canada has the…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Based on the GDP information in the table below for 2 countries: Country A Country B GDP per capita in 2020 $30,000 $25,000 GDP per capita in 2021 $32,000 $30,000 Group of answer choices Countries A and B have improved their standard of living in 2021, but A’s living standards have lowered compared to B. Country A has improved their standard of living in 2021 more than country B. Countries A and B have improved their standard of living in 2021 but A has higher standards of living than B. Country B has a higher GDP in 2021 than country A.
E1
South Africa has a GDP of $10 billion (measured in U.S. dollars) and a population of 45 million. Ecuador has a GDP of $12 billion (measured in U.S. dollars) and a population of 4.5 million. Calculate per capita GDP for each country. Question 24 options: South Africa = $222.22; Ecuador = $2,666.67 South Africa = $22.22; Ecuador = $266.67 South Africa = $2222.22; Ecuador = $26,666.67 South Africa = $22.22; Ecuador = $2,666.67
Consider the table of GDP and population for several imaginary countries. Countrv Wrigleyville Longhornland Dinkvtown GDP in millions of U.S. dollars Population in millions GDP per capita in U.S. dollars 183.0 115 175.00 559.0 2965 1.700 Using this information, please answer the questions. If there is not enough information to answer a question, please enter -11 A. What is the GDP per capita of Longhornland in Ủ.S. dollars? Express your answer rounded to one decimal place. B. What is the GDP of Dinkytown in millions of Ủ.Š. dollars? Express your answer rounded to one decimal place.
In 1950 GDP in the United Kingdom (measured in year 2005 pounds) was £317 billion. In 2000 it was £1,108 billion. Calculate the growth rate of real GDP in the United Kingdom over this period. Now suppose that the United Kingdom grows at the same rate for the 50 years following 2000. What will the UK real GDP be in the year 2050?
Macmillan Learning Consider the table of GDP and population for several imaginary countries. $ Country Wrigleyville Longhornland Dinkytown GDP in millions of U.S. dollars Population in millions GDP per capita in U.S. dollars 225.0 143 197.00 $ 523.0 2947 Using this information, please answer the questions. If there is not enough information to answer a question, please enter -11. A. What is the GDP per capita of Longhornland in U.S. dollars? Express your answer rounded to one decimal place. 1.800 B. What is the GDP of Dinkytown in millions of U.S. dollars? Express your answer rounded to one decimal place.
In the year 2015: • real GDP was $19,281 billion • population was 303.04 million • the level of employment was 156,584 (measured in thousands). Round answer to the nearest whole number. Real GDP per capita was equal to how much? Do not enter a dollar sign.
Country Real GDP(millions of dollars) Population(millions of people) Country A $3,850 9.05 Country B $3,850 4.21 .Based on the table above, which country has a higher standard of living and why? A. Country B has a higher standard of living because growth in GDP is greater in Country B than in Country A. B. Both countries have the same standard of living because their real GDP is equivalent. C. Country A has a higher standard of living because growth in GDP is greater in Country A than in Country B. D. Country A has a higher standard of living because their real GDP per capita is higher. E. Country B has a higher standard of living because their real GDP per capita is higher.
The gross domestic product (GDP) is looking at the total production of goods and services that are produced within the United States' economy. Examine what the GDP has done in the past 5 years in the United States. Analyze if you were a manager of a retail store how you would utilize GDP to make decisions at your store.
in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working!!!!!!!
lacmillan Learning Use the table to answer the questions. Round your answers to the nearest cent. Population Country Gross domestic product (GDP) Country A Country B $1.5 trillion 100 million $5 trillion 400 million What is the GDP per capita for Country A? $ What is the GDP per capita for Country B? $ Which country has the largest average GDP per capita? O Country A O Country B
Determine the GDP trend in economic growth over the period of 1989 – 1999. Country/Area Year Unit Gross Domestic Product (GDP) Thailand 1989 Baht 1,924,426,113,246 Thailand 1990 Baht 2,263,299,209,116 Thailand 1991 Baht 2,583,490,817,016 Thailand 1992 Baht 2,935,677,642,139 Thailand 1993 Baht 3,263,426,000,000 Thailand 1994 Baht 3,689,090,000,000 Thailand 1995 Baht 4,217,614,000,000 Thailand 1996 Baht 4,638,604,000,000 Thailand 1997 Baht 4,710,310,000,000 Thailand 1998 Baht 4,701,553,000,000 Thailand 1999 Baht 4,789,826,000,000 Transport, storage and communication Wholesale, retail Agriculture, hunting, forestry, fishing (ISIC A-B) Other Mining, Manufacturing, Utilities (ISIC C-E) (ISIC D) trade, restaurants Total Manufacturing Construction and hotels (ISIC G- Activities Value Country/Area Year Unit (ISIC F) H) (ISIC I) (ISIC J-P) Added Thailand 1989 Percentage 9.8 15.5 16.1 28.9 9.7 10.6 8.2 11.9 Thailand 1990 Percentage -4.7 15.1 15.6 21.9 10.9 14 13.8 11.8 Thailand 1991 Percentage…

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