Suppose you are given the following information for the country Lusitania 2011 Population total in Lusdania 288 million Employment 120 million Roal Gross Doniestic Product (GDPY 2.476 billion Us dollars Real income per capita in Lusitania is $ (Round your response to the nearest dollar) Real income per worker in Lusitania is $ (Round your response to the nearest dollar) The following table gives you the same information for the country Arctica 2011 Population, total in Arctical Employment 120 million 60 million Real Gross Domestic Product (GDP) 3,600 billion U.S. dollars Real income per capita in Arctica is $ (Round your response to the nearest dollar) Real income per worker in Arctica is $ (Round your response to the nearest dollar) Based on the information, would be considered more productive since its V is higher Using the information given in both of these tables to compare living standards in Lusitania and Arctica, you should use O A. the dependency ratio. Click to select your answer(s).

Suppose you are given the following information for the country Lusitania 2011 Population total in Lusdania 288 million Employment 120 million Roal Gross Doniestic Product (GDPY 2.476 billion Us dollars Real income per capita in Lusitania is $ (Round your response to the nearest dollar) Real income per worker in Lusitania is $ (Round your response to the nearest dollar) The following table gives you the same information for the country Arctica 2011 Population, total in Arctical Employment 120 million 60 million Real Gross Domestic Product (GDP) 3,600 billion U.S. dollars Real income per capita in Arctica is $ (Round your response to the nearest dollar) Real income per worker in Arctica is $ (Round your response to the nearest dollar) Based on the information, would be considered more productive since its V is higher Using the information given in both of these tables to compare living standards in Lusitania and Arctica, you should use O A. the dependency ratio. Click to select your answer(s).

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Similar questions

The table below presents a brief summary of City A’s total spending, local GDP, and population changes. Read the table and answer the following questions. 2010 2020 Total spending ($ million) 89 104.12 Local GDP ($ millions) 110 134 Population 50,000 56,275 CPI deflators (2012=1) 0.96 1.05 Calculate % change for City A’s total spending from 2010 to 2020 in current dollars. *Results round to the nearest 2 decimal places. Calculate % change for City A’s total spending from 2010 to 2020 in constant dollars. *Results round to the nearest 2 decimal places. Why does % change calculated from constant dollars differ from % change calculated from current dollar? Calculate per capita spending in 2010 and 2020, respectively, using constant dollars. *Results round to the nearest dollar. 2010 per capita spending: 2020 per capita spending: Calculate the compound annual growth rate of per capita spending from 2010 to 2020…
(Change the values to the chart below. Show all of your calculations including the Total GDP.) $3 per pound of food, 3 million pounds $60 per shirt,50,000 $90,000 per house,20 $140 per hour medical service, 50,000 hours $1,600,000 per plant,1 plant $300,000 per tank, 2 tanks Total GDP
63,080 47,090 United 44,940 States Germany 41,310 30,600 ueder 21,600 GDP per Capita (2018) (In U.S. dollars) ipnes Παναγ 11,124 10,230 امي الحمد المحمود حجم خون هم می می می می 9,460 9,180 aver d 7.480 China 2.020 360 Cuba India 800 790 Nigeria Halt Ethiopia
cmillan Learning Consider the table of GDP and population for several imaginary countries. $ Country Wrigleyville Longhornland Dinkytown $ 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. 20.6 Incorrect GDP in millions of U.S. dollars Population in millions GDP per capita in U.S. dollars 145.0 125 221.00 128.7 559.0 2913 B. What is the GDP of Dinkytown in millions of U.S. dollars? Express your answer rounded to one decimal place. Incorrect 1.900
Macmillan Learning Assembly Operations Component Production Office Services R&D U.S.: 3 U.S.: 2 U.S.: 1 India: 8 India: 6 India: 4 U.S.: 2 U.S.: 2 India: 10 India: 10 Unskilled labor U.S.: 4 India: 10 U.S.: 2 India: 10 Skilled labor U.S.: 2 India: 10 The table gives U.S. and Indian labor requirements (hours per unit of output) needed in each of four activities to produce the final product. Suppose that wages of unskilled and skilled workers are $10 and $20 in the United States and $1 and $5 in India, respectively. What is the relative wage of unskilled labor in the United States? O $1/$2 $5/$1 $2/$1 $4/$1
The populations of Abu Dhabi (National, Non-National, and Total) and UAE are shown in the following table. Year Abu Dhabi UAE Nationals Non-nationals Total 1980 89162 361,056 1985 117674 430,054 556,389 1990 157978 1995 220979 2000 282,396 2005 359807 1,016,789 1,350,433 1,811,457 2,350,192 3,050,127 4,481,976 719,836 846,267 1,049,207 3 What are the average annual population growth rates in Abu Dhabi (National. Non-National, Total) and in the UAE during 1980-1985, 1985-1990, 1990-1995, 1995-2000 and 2000-2005? Only give the answer for the underlined groups.
1.Based on the following statistic, form a price index (consider 2015 as the base year) for the country East Germany: Products Computer Price & Quantity in 2015- $400,10 Computer Price & Quantity in2016- $300,10 Mobile Price & Quantity in 2015- $2,14 Mobile Price & Quantity in 2016- $10,14 Wheat Price & Quantity in 2015- $8,18 Wheat Price & Quantity in2016- $9,18 a) After forming a price index, calculate and comment on inflation of East Germany. 2.Explain with a diagram how a decrease in human capital can lead to detrimental results for economic growth (holding physical capital and technological progress constant)?
Answer ☐ U.S. Gas Prices in 2015 Month Price ($) March 2.556 April 2.499 May 2.749 June 2.863 July 2.877 August 2.779 Source: U.S. Energy Information Administration (Oct 2015) Sales in 2015: Grocery Stores Month Sales (Millions of Dollars) January 50,652 February 46,192 March 50,329 April 49,257 May 52,290 June 50,073
The populations of Abu Dhabi (National, Non-National, and Total) and UAE are shown in the following table Year Abu Dhabi UAE Nationals Non-nationals Total 1980 89880 361,056 1985 114090 430,054 1990 185944 556,389 1995 218716 719,836 2000 282,396 846,267 2005 343237 1,049,207 1,016,789 1,350,433 1,811,457 2,350,192 3,050, 127 4,481,976 What are the average annual population growth rates in Abu Dhabi (National Non-National, Total) and in the UAE during 1980-1985, 1985-1990, 1990-1995, 1995-2000 and 2000-2005? Only give the answer for the underlined groups.
Let’s assume that a country in the Caribbean reports the following labour statistical data to its citizen in 2011. Labour force: 140,200 Individuals under 16 years: 12,400 Employment: 132,700 Imprisonment: 980 Working age population: 210,900 Armed forces: 18,600 Use the information given to calculate the following: (c) Employment to population ratio Institutionalized population ratio (d) Not in the labour force (e) Working age population ratio
Answer the question below
Compute: (Refer to the photo below for the given data) GDP NY