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- Natural real GNP is determined by:(a) The state of technology which, in turn, is determined by investment in research anddevelopment.(b) The labour force which is influenced by net emigration and the participation rate.(c) The physical capital stock.(d) The human capital stock which is determined by skills, experience and theeducation.(e) All of the above. Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.Answer completely.You will get up vote for sure.GOP per capita growth (6) 8 15 1 - Armenia Ncangua Sierra Leone .1 15 20 25 30 Net ODA received (% of GN) 35 FIGURE 14-4 Foreign Aid and Growth, 1999-2008 GNI, gross national income; ODA, official development assistance. Source: World Bank, "World Development Indicators," http://databank.worldbank.org. 40 45 What does Figure 14-4 tell about the relationship between aids and growth? Aids promote economic growth. Aids hurt economic growth. Aids have no effect on economic growth. The effects of aids on growth are inconclusive. 50Can there be a condition where the value of real gross domestic product becomes equal to the nominal GDP. (b) What will be the GDP deflator in such case?
- Compare the impact on economic growth of Covidien-19 outbreak on Turkey and South Korea. Use any of the 10 social and economic indicators when making this comparison. The indicators that you will use should be in ratio and/or percentage change format rather than nominal level.Perfect Population Projections Inc. (PPP) has entered into a contract with the city of Popular, Pennsylvania, to project the future population of the city. In recent years, Popular has become a desirable place to live and work, as indicated by the below table. Year 2015 2016 2017 2018 2019 2020 Total Total Basic Nonbasic Population Employment Employment Employment 50,000 53,000 57,000 65,000 70,000 ? 25,000 26,500 28,500 32,500 35,000 ? 6,250 6,625 7,125 8,125 8,750 9,000* 18,750 19,875 21,375 24,375 26,250 ? *Estimated from surveys. Required: The contract states that PPP must project Popular's population for the year 2020 using an economic base analysis. The ratio of population to total employment is 2.0833. (Do not round intermediate calculations. Round your final answers to the nearest whole number.) Your help is needed! Total population using economic base analysis Total employment using economic base analysis Total Nonbasic employment using economic base analysis Year 2020Based on World Bank data, Philippines real per capita GDP in 2019 was US$3,850. It needs to increasethis to at least US$15,000 to attain a high income country status. By how much should real per capitagrown annually if it want to achieve this status in year a) 2028; b) 2037; c) 2055?
- Economic Flows Give 3 different examples of Other FlowsAssume that RGDP per capita in NZ typically grows at about 3.8% p.a.. Discuss the differences in RGDP per capita growth in the 2003-2008 and 2008-2013 periods in terms of our concept of booms and busts. Do this in 100 words or less.BARBADOS AND CANADA ECONOMIC GROWTH RATE FOR 2016 TO 2020 NAME OF COUNTRY 2016 2017 2018 2019 2020 BARBADOS 2.449 0.475 -0.58 -0.096 -17.605 CANADA 1.001 3.04 2.43 1.861 -5.313 BARBADOS AND CANADA UMEMPLOYMENT RATE FOR 2016 TO 2020 NAME OF COUNTRY 2016 2017 2018 2019 2020 BARBADOS 9.72 9.86 10 10.1 12.79 CANADA 7 6.3 5.8 5.7 9.5 Examine the data on the economic growth and unemployment rate for 2016-2020(i) What trends do you observe in the unemployment rate? In economic growth?(ii) Identify the relationship between Economic Growth and Unemployment, if any. (positive, negative, no relationship) Use the data to justify your choice.(iii) Does the relationship observed in part 2 satisfy the…
- C I G NX Price Yr1 1000 156 560 52 4 Yr2 1300 159 600 52 5 Yr3 2000 169 690 53 6 Yr4 2900 180 880 53 7 Population Yr1 2 Yr2 2 Yr3 3 Yr4 3 RGDP per capita in the year 1 = 1,768/4*2 = 1,768/4*2 = 221…Please no written by hand The standard of living (per capita Real GDP) in the U.S.: a. increased in every decade from 1930 to 2010 except the 1930s and 1970s b. almost doubled between 1930 and 2010 c. Both of the above d. Neither of the above The standard of living (per capita Real GDP) in the U.S.: a. increased in every decade from 1930 to 2010 except the 1930s and 1970s b. almost doubled between 1930 and 2010 c. Both of the above d. Neither of the aboveThe table below shows the real GDP and population for the years 2000 and 2010 of a small island nation. Year Real GDP Population 發 2000 10,000 800 2010 22,000 950 Where applicable, round your answers to two decimal places. (a) Calculate the annual growth rate of real GDP over the 10 years (from 2000 to 2010). (b) Calculate the annual growth rate of real GDP per capita over the 10 years (from 2000 to 2010).