Because there is not a precise measure for human capital, the World Bank data and most economists in the field use what information to proxy for human capital?

Q: Class, despite the economic progress that the U.S. has observed in the past century, the standard of…

A: Economic progress refers to an improvement in the economic conditions of a country, including…

Q: How can technology increase inequality with the GDP growth?

A: Technology can increase inequality if it leads to increased automation and job loss in sectors that…

Q: Discuss three (3) negative consequences of population growth.

A: Population growth is the process of increasing the number of people or individuals in a geographic…

Q: P than another country b icators.

A: GDP is a tool to measure growth in an economy. It is a quantitative measure and doesn't incorporate…

Q: if a nation has a population of 100 million, a labor force of 60 million, GDP of $100 billion , then…

A:

Q: Describe some of the political and social tradeoffs that might occur when a less developed country…

A: In developed countries women are playing important role in economic growth by participating in…

Q: Explain the implication of the human development index of the Philippines over the years. Is it good…

A: Human development index indicates the standard of living in a country.

Q: Which of the following would increase labor productivity? a decrease in amount of capital per…

A: Labor productivity is very important in the production process of business activities. Labor…

Q: There's quite a diverse set of countries in East Asia that have varying levels of development.…

A: Lower or upper income level of countries is defined the per capita income countries earn . Where…

Q: Select all component included in the Human Development Index (HDI)? Economic freedom Level of…

A: The Human Development Index (HDI) is a composite statistic that evaluates a nation's average…

Q: Explain the relation of each and every box with the next box in separate elaborative points.

A: Poverty trap 1.Low level of education and health care When education is low in an econoy,economic…

Q: Explain whether GDP per capita is the most appropriate measure of economic success

A: The GDP is the market value of all the goods and services that are produced in a country during a…

Q: In Economics, explain Human capital; General and specific, Examples and Definitions

A: Human capital implies the skills, knowledge, experience, and characteristics that individuals…

Q: The distribution of income OA) is more even in developing countries than in the Russia B) is more…

A: This can be defined as a concept that shows the continuous progress in any nation it does not happen…

Q: Human Development Index

A: The ‘human development index’ or HDI is a statistical measure of education, life expectancy and per…

Q: Discuss population growth in Colonial America.

A:

Q: How do unemployment rates and economic growth affect individuals, businesses, communities, and the…

A: Unemployment refers to the state at which people who are actively looking for the job but are unable…

Q: The smaller the percentage of people who work, the higher the potential output per capita.

A: Potential output is also said as the natural GDP which says the maximum level of real GDP that can…

Q: The Solow model is an important formal model of economic growth. Assume that the production function…

A: The Solow model, also known as the Solow-Swan model, is a fundamental economic model used to analyze…

Q: State any two limitations of per capita GDP as an index of economic welfare

A: The standard measure of the value-added created via the production of goods and services in a…

Q: Human capital is one of the mnost important factors in achieving a successful model for development.…

A: 1. In the first paragraph, the reference type used is APA in-text citations. In the second…

Q: Closing the educational gender gap is important for all the following reasons EXCEPT A. B. C. D. The…

A: Bridging of gender correspondence gap is one of the significant undertakings in the neighbourhood as…

Q: Using economic theories and graphs: Discuss in at least four ways why the education of women is…

A: Development refers to a multidimensional process of positive social, economic, and political changes…

Q: Suppose France has a per capita GDP that is 0.7 times the United States GDP. It has a…

A: Productivity: It refers to the production of good and services according to the inputs and output…

Q: Outline the main factors which determine the level of productivity in a country

A: Productive of a country is determined by the level of goods and services manufactured in the…

Q: Disaggregation on inputs was introduced in the capital market as economic growth models became more…

A: Economic Growth Economic growth refers to the increment in the economic factors of the economy of a…

Q: Analyze the Human Development Index rate of the Philippines over the years, interpret and write its…

A: Given that: Year HDI HDI Ranking 2019 0.718 107 2018 0.711 111 2017 0.706 111 2016 0.704…

Q: Mention two factors which cause the rapid growth in population in South Africa

A: South Africa is a nation of 60 million people (estimated). It is very interesting to know that its…

Q: Economic growth is said to be a necessary but not sufficient condition to eradicate absolute poverty…

A: Economic growth is defined as an increase in production of the goods and services compared from one…

Q: How is inequality related to development? What relationship can be seen among the two variables…

A: Inequality: The inequality can be defined as the situation when individuals do not possess the same…

Q: Which geographic region within the developing world noticed the fastest growth in working-age to…

A: The world and most regions including different countries which are experiencing an unprecedentedly…

Q: Wha

A: Barcodes are the business standards being used for the visual capture of information in business and…