Q: How do indigenous knowledge systems contribute to the economy
A: Indigenous Knowledge System:- The Indigenous Knowledge Systems (IKS) Policy is a framework for…
Q: Explain how GDP, the categories of economic development, and the business cyde influence marketers'…
A: The correct pricing of new goods in the market place is important for a company to be successful.…
Q: 12. Calculate per capita income for both countries. Express the answer in thousands.
A: Y=F (K, L) = AK0.3L0.7 12.…
Q: Having both table as a reference answer both questions a. Is there a better way to classify a…
A: Yes, there is a better way to classify a country other than the use of GDP and per capita as these…
Q: B. O Public and private sectors C. O Foreign and domestic investm D. O Commercial and subsistence
A: In a socialist economy, only the government owns the factors of production. All the goods and…
Q: xplain FIVE (5) importance of studying the development economic disciplines.
A: The development economics is concerned with enhancing the fiscal, economic, and social situations of…
Q: List any three quality of life indicators (table). How do they differ between wealthy and poor…
A: The quality of life refers to the standard or with what circumstances a person lives his life. The…
Q: Explain the monitoring and evaluation of CPEC.
A: Country C- Country P Economic Corridor is a connectivity project to link Port G in Country P to City…
Q: list describe the principal causes of high Population Coummies and the major consequences. List and…
A: Introduction Increases in the amount of people in a population or scattered group are referred to as…
Q: Q.1 I. Explain the following identity: C+ G+I+ NX= Y = YD+(TA – TR) = C + S+ (TA – TR) II. How is…
A: I. C+G+I+NX=Y=YD+(TA-TR)=C+S+(TA-TR) Here, C = Consumption G = Government spending I = Investment…
Q: Companies failing to comply with the GDPR can be fined up to _____% of their global annual revenue
A: DISCLAIMER “Since you have asked multiple question, we will solve the first question , as they are…
Q: 3) Explain the positive and negative aspects of Foreign Direct Investment (FDI) for developing…
A: Foreign Direct Investments Foreign direct investment is the purchase of a company's stock by a…
Q: State using supportive research whether GDP should be used as a basis to measure a country’s…
A: GDP measures a country's value added, which is calculated as the total value of all products and…
Q: Countries are being classified/categorised based on economic, social, environmental indicators.…
A: The standard proportion of the worth added created by the creation of labor and products in a…
Q: MFIs equally are a big contributor to the achievement of the Millenium Development Goals (MDGs).…
A: Microfinance Institutions are those which provide banking and lending facilities to the lower-income…
Q: Discuss the limitations of the use of the Gross Domestic Product(GDP) as a measurement of…
A: The total worth of products and services produced in an economy during a given time period is…
Q: What are the problems faced by the avg production system in a developing country
A: There are many problems faced by the average production system in a developing country. Few among…
Q: What are 3 economic indicators that are important to evaluate the economic situation of a country
A: Unemployment is the situation in which an individual is seeking a job and unable to find one.
Q: What are the failures of the World Bank business indicators? Explain clearly
A: Countries needed capital at the end of WWII. Capital needed to achieve their goals of rapid…
Q: Explain briefly the history of accounting in a develop and underdevelop countries
A: Put, accounting is an act of keeping a record of economic transactions. Over the years, the term…
Q: Define Emerging economies (industrialising economies). of industrial structures?
A: The process of industrialization describes how an economy transforms from a primarily agricultural…
Q: Using the World Bank’s World Development Indicators database,…
A: "GDP (gross domestic product) measures the value of all finished goods and services produced within…
Q: Explain how the deficient infrastructure could complicate or hamper development in an economy or…
A: The growth in an economy is said to occur when the output increases, employment rises and the…
Q: ry/CHE/Year/LTST/ Calculate trade-to-GDP for both case and define what does the trade-to-GDP ratio…
A: Country Import EXPORT TRADE(IMPORT+EXPORT) GDP Switzerland 380.1 466.3 846.4 705.1 Japan 906.3…
Q: Calculate the Human Development Indices (HDI) for 3 countries: Bangladesh, France & Somalia by using…
A: For calculating HDI, we need to first calculate 1) Life expectancy index = Given rate -…
Q: 8. Nominal GDP is: A) B) C) D) the inflation adjusted GDP. the real GDP minus depreciation. the…
A: Gross domestic product of the country tells about the output produced in the economy. Gross domestic…
Q: What are some additional strengths and weaknesses of the Human Development Index as a comparative…
A: The Human Development Index or the HDI is the proportion of investigating the development alongside…
Q: Under a developing economy, an analysist assigned you to calculate the followings for the further…
A: The national income of the country is the value of the all the final items and the services produced…
Q: Calculate trade-to-GDP for both case and define what does the trade-to-GDP ratio measure. Compare…
A: Gross Domestic product (GDP) refers to the value of goods and services produced with in the domestic…
Q: Trade Statistics-WTO-2021 Follow up the official site to download latest data WTO International…
A:
Q: Critically evaluate measures used by governments and central banks to manage the economies of their…
A: The Fiscal Policy (FP) is a tool of government through which it manages government expenditure or…
Q: Is there a better way to classify a country other than the use of GDP and per capita? Explain
A: Yes, there is a better way to classify a country other than the use of GDP and per capita as these…
Q: how is montreal a supported business environment?
A: The economic climate that Montreal is experiencing is favourable for both its development and its…
Q: ity to measure e
A: Given : C+G+I+NX ≡ Y ≡ YD + (TA - TR) ≡ C+S+ (TA-TR)
Q: how do we measure the economic success and social well being of the united states ?
A: Economic success and Social well-being is a state in which basic human needs are fulfilled and…
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: Explain the characteristics of the under developed economies?
A: According to the given question An underdeveloped economy is that type of economy which has…
Q: Today, the Service Sector(s) are the most important elements in the Global Economy, but unpacking…
A: Although the service sector is currently the most important part of the global economy, there are…
Q: Discuss the reason(s) why countries need to be rank in terms of its Human Development Index.
A: Human Development Index (HDI) is a tool used to summarize the level of human development. It helps…
Q: how a production function can help us understand differences in per capitaGDP across countries?
A: Production function: It refers to the relationship between the inputs put in the production process…
Q: Identify ONE way that the data in the chart illustrate global economic differences between countries…
A: The given chart shows the life expectancy at birth compared to the GDP per capita in 2005 of various…
Q: Why it is so important to discuss the relationship between income inequality and CO2 emission in…
A: In an economy, CO2 emission is a negative externality because it pollutes air and water due to…
Q: Do foreign direct investments have direct impact on gross domestic product?
A: Foreign direct investments refer to the investments made by the foreign country into some or the…
Q: Current trends in economic development A are modeled from the 15st industrial revolution B are…
A: In an economy, there is a changing trend in economic development according to the needs and…
Q: What are the failures of the world bank business indicators?
A: A business can be defined as a commercial activity that seeks to profit by providing goods and…
Q: The exports from developing countries in 2000s consist of mainly 1. manufactures2. agricultural…
A: The market is a place where the buyers and sellers in the economy interact with each other and the…
Q: Why are business investments and consumption important to evaluate the economic situation of a…
A: Business investment is an important concept in economics because it improves productivity, and…
Q: Enumerate five i) objectives of the Millennium Development Goals. 1. 2. 3. 4. 5. Enumerate fise (5)…
A: This chapter is related to economic development. Economic development is defined as a sustained…
Q: Role of CPEC on pakistan Economey
A: CPEC = China-Pakistan Economic Corridor This is a bundle of infrastructure projects that spread all…
Step by step
Solved in 2 steps
- What are the similarities and differences of GATT and WTOWhat is OECD Guidelines? How does it work/purpose? Example?The source for this dataset is The World Bank. data.worldbank.org/indicator/NY.GDP.PCAP.CD(a) In 2022, what are the 6 richest countries in the world?(b) In 2022, what are the 6 poorest countries in the world(c) In 2022, how many times richer is the average person of the richest country thanthe average person of the poorest country in the world?2. For the countries that have data for 1960, compute the average ANNUAL growth rate ofper capita GDP between 1960 and 2022.(a) What 5 countries have grown the MOST over this period? What are their growthrates?(b) What 5 countries have grown the LEAST over this period? What are their growthrates?3. Write down some of your thoughts about WHY some countries are rich and some countriesare poor.
- How has the proliferation of internet, online, and computer technologies impacted underdeveloped countries? How do those compare to the impacts on developed countries? Please and Thank youWhat responsibility do the most developed countries have, the world leaders have, to assisting some of these less-developed countries?What are the characteristics of under developed economies??
