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- Country Z INDICATOR NOW 1 YEAR AGO GDP growth rate 3.7% 3.5% Explain if each country is healthy. Click True for Healthy Click False for Not Healthy O True O FalseIf real GDP grows at an average rate of 3% per year, it will double in approximately____years. A. less than 10 B. 20 C. 23 D. 36If real GDP increases from $100 billion to $105 billion, and the population increases from 100 million to 102 million, what is the grwoth rate of real GDP per person? The growth rate of real GDP person person is ____ percent.
- A. Outline how ONE (1) measure that the Human Development Index is used to promote:i. economic growthii. economic developmentB. Assess the use of Human Development Index as an alternate measure of EconomicDevelopment.Draw LRAS. What does LRAS stand for? On the same graph show economic growth qPls help me with below homwork, I will upvote... A) What is the difference between economic growth and economic development. B) With the aid of a diagram, explain the income and expenditure model.
- Give typing answer with explanation and conclusion What is the rate of growth if GDP goes from $300 to $330 ?ii. Given Y = xert find growth rate.BIRTA RATE B.R. D.R. FRAAM A FRAPA B Based on the graph above, the movement from B to C is caused by: a) Higher population density. b) The rapid pace of technological innovation. c) Lower-income per capita. d) Birth rates are higher than death rates.
- unning a budget denent. Which of the following is not considered a factor contributing to economic growth? Select one: a. Growth in the national money supply. b. Government protection of property rights. c. Growth in physical capital inputs (machines, tools, buildings, and inventories)Please give me correcta and incorrect answer Explanation Look at the data plotted in the graph. Each blue diamond represents a country. Which of the following statements best explains the relationship between per capita income and the HDI?Choose one: A. As per capita income increases, development increases at a constant rate. B. As per capita income increases, development increases at an increasing rate. C. As per capita income decreases, development decreases. D. As per capita income increases, development increases at a decreasing rate.GNP per capita is the best measure of economic development whena. income is equally distributed.b. income is unequally distributed.c. income is assumed constantd. income increases at a decreasing rate.