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Figure 27.5 and its discussion in the text identify one of the immediate causes of the wealth of nations as human capital. Visit Gapminder World again at Gapminder and select "Education" and "Literacy Rate, Adult Total" for the vertical axis while leaving GDP per capita on the horizontal axis.
a. What does this display of data convey to you about the value of education?
b. Now change the vertical axis to the "Mean Number of Years in School" for men and then create a second graph for women older than age 25. How do your conclusions change? Is education still as valuable?
c. Finally, select eighth-grade math achievement for the vertical axis and determine if this measure of education is also positively associated with GDP per capita.
d. How do these measures of education work to support or refute the relationship between education levels and GDP per capita?
e. Now try an additional educational measure using two graphs. Under "Schooling Cost," explore "Expenditures per Student, Primary" and "Expenditures per Student, Secondary." What do you find in these cases and how can you explain these differences?
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Elaborate on the role and value that your leadership development plan could potentially have in supporting the development and retention of human and social capital.
The Chiemsee Knee Replacement Clinic (CKRC) is a sports clinic located at the northern edge of the German Alps. It specializes in knee replacements for skiers who come to CKRC from Germany, Austria, Switzerland, and Italy. The clinic currently has on..
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Yvonne offered to sell Tracy several pieces of rare Italian art at a very good price because they were duplicates in her own collection.
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From the perspective of an international marketing executive working in a multinational organisation, use relevant concepts to explain and analyse the key considerations when deciding to operate in new international markets.
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Formulate and solve a spreadsheet model for the shortest path problem, shown below, starting from ORIGIN and ending in DESTINATION. Distances between points in miles in parentheses are shown next to arcs.
What is the history on your company's growth? Look up the beta for your stock. How does your stock compare to the market?
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