Macmillan Learni Country GDP in millions of U.S. dollars Wrigleyville Longhornland Dinkytown 559.0 2909 lary countries. Population in millions 265.0 101 293.00 GDP per capita in U.S. dollars 1.600 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. B. What is the GDP of Dinkytown in millions of U.S. dollars? Express your answer rounded to one decimal place.

Macmillan Learni Country GDP in millions of U.S. dollars Wrigleyville Longhornland Dinkytown 559.0 2909 lary countries. Population in millions 265.0 101 293.00 GDP per capita in U.S. dollars 1.600 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. B. What is the GDP of Dinkytown in millions of U.S. dollars? Express your answer rounded to one decimal place.

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter20: Economic Growth In The Global Economy

Section: Chapter Questions

Problem 4P

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Similar questions

Suppose we extend the circular flow model to add imports and exports. Copy the circular flow diagram onto a sheet of paper and then add a foreign county as a third agent. Draw a rough sketch of the flows of imports, exports, and the payment for each on your diagram.
120 100F NOR ARE SGP CHE HKG SWE TWN Na. A VEN 40 60 80 100 120 Relatiwe GDP per enpita to the US lewel - 1970 In the figure above, GDP per capita relative to the US level for a large group of countries is plotted for years 1970 (in the horizontal axis) and 2000 (in the vertical axis). Which one of the following statements is correct? O Income per capita of countries on the 45 degree line has grown at a similar rate than income per capita of the US in each year. O Income per capita of each country is plotted according to how strongly it correlates to the income per capita of the US in each year. O The income per capita of those countries below the 45 degree line has grown the fastest in between years 1970 and 20 O The income per capita of those countries on the 45 degree line has not grown in between years 1970 and 2000.
Give typing answer with explanation and conclusion What are the top 10 countries by GDP/capita and what are their actual GDP/person numbers in USD$?
Consider the following diagram, which includes a concave line of best fit: 40,000- •US 35,000 - 30,000 - •Belgium Switzerland •UK 25,000 - •Japan 20,000- • •Taiwan 15.000 - 10,000 - •Ecuador 5,000- aindia 0. 10.000 20,000 30,000 40,000 50,000 60,000 70,000 80,000 Figure 15 3 Canital ond GDP ner worker across countries in 199n Which of the following statements is correct? Select one: O a. The line of best fit suggests that if capital intensity doubles, output per person doubles. O b. The line of best fit implies that there are diminishing returns to scale. O c. The line of best fit suggests that the USA may have a higher value of "z" than Japan. O d. Workers in Japan were more productive than in the UK because they had higher capital per worker. GDP per worker (1985 PPP $)
If 150 million workers produced Americas GDPin 2015, using the bar graph, how much output did the average worker produce?
The following table shows the GDP per capita of various countries forthe years 1960 and 2010 in PPP-adjusted 2005 dollars. The table alsocontains the implied growth rates, which show how much on average eachcountry needed to grow each year to reach the 2010 level of GDP per capitastarting from the 1960 level of GDP per capita. Use the table to answer thefollowing questions. 1. During 1960-2010, which countries failed to reduce the gap betweentheir GDP per capita and the U.S. GDP per capita?
The following table shows the GDP per capita of various countries forthe years 1960 and 2010 in PPP-adjusted 2005 dollars. The table alsocontains the implied growth rates, which show how much on average eachcountry needed to grow each year to reach the 2010 level of GDP per capitastarting from the 1960 level of GDP per capita. Use the table to answer thefollowing questions. 1. During 1960-2010, which countries were able to reduce the gap betweentheir GDP per capita and the U.S. GDP per capita?
The following table shows the GDP per capita of various countries forthe years 1960 and 2010 in PPP-adjusted 2005 dollars. The table alsocontains the implied growth rates, which show how much on average eachcountry needed to grow each year to reach the 2010 level of GDP per capitastarting from the 1960 level of GDP per capita. Use the table to answer thefollowing questions. 1. Why have some countries reduced the gap between their incomes andthat of the United States and other countries failed to do so?
Pakistan Nigeria Germany Exit Ticket Graph 1 Graph 2 China's economy drives increase in energy consumption quadrilion British thermal units 125 Energy Use per Capita cia trilion US. real (2000) dollars total energy consumption 100 GDP (real 2000 dollars) 5 75 2.5 2 209 614 721 50 25 ndonesa ra span 2001 2002 2003 2004 2005 2006 2007 2008 2009 A. Identify the trend shown in Graph 2 B. Describe one reason why the United States has a higher per capita energy use than China C. Discuss the benefits and limitations of using energy use per capita to analyze global energy trends 2010 2011
lacmillan Learning Use the table to answer the questions. Round your answers to the nearest cent. Population Country Gross domestic product (GDP) Country A Country B $1.5 trillion 100 million $5 trillion 400 million What is the GDP per capita for Country A? $ What is the GDP per capita for Country B? $ Which country has the largest average GDP per capita? O Country A O Country B
Would you usually expect GDP as measured by what is demanded to be greater than GDP measured by what is supplied, or the reverse?
Cross country comparisons of GDP per capita typically use purchasing power parity equivalent exchange rates, which are a measure of the long run equilibrium value of an exchange rate. In fact, we used PPP equivalent exchange rates in this module. Why could using market exchange rates, which sometimes change dramatically in a short period of time, be misleading?