Which of the following events might explain the shift we see in this PPF for the country of Northern Southern United West Erehwyna? (This is a "multiple answer question. Choose all that apply.) Northern Southern United West Erehwyna A. Their LFPR rises. B. The LFPR falls. C. Their unemployment rate falls. D. Their unemployment rate rises. E. NICAP falls. F. NICAP rises.
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- Let's see how many jobs have to be destroyed for one net job to be created. As noted in the text, millions of jobs are created and destroyed every month. Suppose that 5 million jobs are destroyed every month and 5.25 million jobs are created. What is the net job creation? Net job creation: million How many total jobs are destroyed for every net job created? Total jobs destroyed for every net job created:Which of the following is true about classifying countries as low income, middle income, or high income? O There is no criteria for classifying economies as low income, middle income, or high income O Countries with unemployment rates above 5% are classified as low income Low income countries have $1,025 per capita GDP per year or lower O High income countries have $15,625 GDP per capita GDP per year or higherIn his 2020 state of Nation address (SoNA) president of South Africa humbly noted that... '' Even if we (the government) were to Marshall every single resource at our disposal, and engage on a huge expenditure of public funds, we would not alone be able to guarantee employment to the millions of people who are out of work ''. and that '' Without growth there will be no jobs, and without jobs there will be no meaningful improvement in the lives of our people ".
- In 1980, Denmark had a GDP of 70 billion (measured in U.S. dollars} and a population of 5.1 million. In 2000, Denmark had 3 GDP of 160 billion (measured in U.S. dollars} and a population of 5.3 million. By what percentage did Denmarks GDP per capita rise between 1980 and 2000?M O On the above PPFs, imagine that the poor nation is operating at (5,18) and the wealthy nation is operating at (6,78). We can conclude that: (P.S. You might have to magnify the picture-try holding Ctrl and scrolling with the mouse wheel.) The poor nation is producing inefficiently and the wealthy nation is producing efficiently. The wealthy nation is producing inefficiently and the poor nation is producing efficiently. Both nations are producing inefficiently. Both nations are achieving production efficiency.In a farway country, banana is the most important crop exported to rest of the world. Data about economic indicators for farway country are given in Table 1. In recent years, a life style change, leading to more consumption of processed food, than raw food has led to reduction in demand for Bananas for consumption. Since the manufacturing sector in FarwayCountry is not developed, the country has to import most of its processed food needs, leading to increase in imports.The Government of Farwaycountry is contemplating inviting foreign investors to establish industries to manufacture banana products such as candies, marshmallows, chips, cookies etc. to give boost to manufacturing sector in the economy. Mr. Brown runs Candie Floss inc., a leadingcompany from Australia that manufactures candies, and sells across the world. Mr. Brown is approached by the External Affairs Minister of Farway Country, inviting him to set up his unit in Farway Country. Mr. Brown is looking for some advice,…
- In his 2020 State of the Nation Address (SoNA), president of South Africa humbly noted... "Even if we [the government] were to marshal every single resource at our disposal, and engage on a huge expenditure of public funds,we would not alone be able to guarentee employment to the millions of people who are out of work". Without growth there will be no jobs,and without jobs there will be no meaningful improvement in the lives of our people". Using the South African SoNA 2020 as a reference,discuss the examples of the different ways that South African government intervenes in the economy.1. Do globalization and regionalization converge? How and when do they converge?Apply the gravity model to India and China. Why has it taken so long for India and China to become serious trading partners? Think of 18th century trade patterns, importation of raw materials back to the UK from their colonies. Apply the gravity model to the UK in the year 2021. What countries are most important to the UK’s trade relationships?
- To evaluate the indicator of the Human Development Index (HDI) on the example of 3 countries from different regions of the world: ● Exercise 10 determine which category of countries according to the HDI these countries belong to; conduct a comparative analysis of the dynamics of the HDI in 3 countries; identify the possible causes of such differences, conclude. Countries 1980|| 2018 Netherlands 0.885 0.934 Pakistan 0.394 0.560 Malaysia 0.662 0.804a. Define the gravity model. Specify the variables utilised. b. Apply the gravity model to India and China. Why has it taken so long for India and China to become serious trading partners? Think of 18th century trade patterns, importation of raw materials back to the UK from their colonies. c. Apply the gravity model to the UK in the year 2021. What countries are most important to the UK’s trade relationships?In the labor market, workers would like to receive higher wages and firms would like to pay lower wages. a. Suppose that workers succeed in having a minimum wage established above the equilibrium wage. What will happen to the number of workers employed when compared to the oriĝinal equilibrium? Explain. · b. Suppose that firms succeed in having a maxi-- mum wage established below the equilibrium wage. What will happen to the number of workers employed compared to the original equilibrium? Explain. What wage maximizes the number of workers employed? Why? C.