Principles Of Macroeconomics V 8.0
Principles Of Macroeconomics V 8.0
18th Edition
ISBN: 9781453378717
Author: Taylor
Publisher: BOSTON ACADEMIC (DBA FLAT WORLD)
Textbook Question
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Chapter 19, Problem 30P

Retrieve the following data from The World Bank database (http //databank.worldbank. org/data/ home.aspx) for India, Spain, and South Africa for the most recent year available:

• GDP in constant international dollars or PPP

• Population

• GOP per person in constant international dollars

• Mortality rate, infant (per 1,000 live births)

• Health expenditure per capita (current U.S. dollars)

• Life expectancy at birth, total (years)

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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 6 1.04 Canada 0.28 Italy 5 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

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