User Account

All Pages

What was the ratio of per capita income

Assignment Help Microeconomics
Reference no: EM132117839

Question: Country snapshots: Download the file snapshots.pdf from www.stanford .edu/~chadj/snapshots.html and answer the following. (At the moment, the latest year in the data file is 2010. Over time, this year will advance, so please use the latest year available in the Country Snapshots file whenever the year 2010 appears in questions below.)

(a) What was the ratio of per capita income in each of the following countries to that in the United States in the year 2010: Ethiopia, Mexico, India, and Japan?

(b) Which country had the faster average annual growth rate of per capita GDP between 1960 and 2010, Botswana or China?

(c) Rank these countries in order of population: Bangladesh, Brazil, Indonesia, Nigeria, Russia, the United States.

(d) Which is larger as a share of GDP in most rich countries, investment or government purchases? What about in most poor countries?

(e) Exchange rates are reported as units of domestic currency (like the Japanese yen or the British pound) per U.S. dollar. Look at the exchange rate for several countries. Do you detect any overall pattern? Why might that be?

Reference no: EM132117839

Questions Cloud

What was the rate of return to an investor in the fund : What was the rate of return to an investor in the fund? (Round your answer to 2 decimal places.)
Sketch a demand and supply diagram : Predict how each of the following economic changes will affect the equilibrium price and quantity in the financial market for home loans.
Predict the effects on the price and quantity supplied : Imagine that to preserve the traditional way of life in small fishing villages, a government decides to impose a price floor that will guarantee all fishermen.
What happens to the price and the quantity bought : What happens to the price and the quantity bought and sold in the cocoa market if countries producing cocoa experience a drought and a new study is released.
What was the ratio of per capita income : What was the ratio of per capita income in each of the following countries to that in the United States in the year 2010: Ethiopia, Mexico, India, and Japan?
Make a plot of per capita gdp for teh given years : Make a plot of per capita GDP (in dollars) for the years 1950 to 2010 for a country of your choice. Label the x-axis "year" and the y-axis "per capita GDP."
What are the endogenous variables in the labor market model : Equilibrium occurs at an employment level L* and a wage w*, so that the labor market clears. That is, supply is equal to demand: Ls = Ld.
Research study examined the blood vitamin d levels : A research study examined the blood vitamin D levels of the entire US population of landscape gardeners. The population average level of vitamin D
How many equations are there within each example : Apply the supply-and-demand model to the following markets. In each case, state the key endogenous variables in the market as well as some important exogenous.

Reviews

Write a Review

Microeconomics Questions & Answers

  What is the population for this sample survey

From telephone book listings, the committee chooses 150 businesses at random. Of these, 73 return the questionnaire mailed by the committee. What is the population for this sample survey? What is the sample? What is the rate (percent) of nonrespon..

  Select any virtual organization

Create a list of 50 information security vulnerabilities with related threats relevant to the organization

  Which product is the rational consumer most probable

The book explains a rational consumer as one who will attempt to obtain the most utility for the money. If a consumer derives 12 units of utility from a $2 hamburger, 5 units of utility from a $.50 candy bar, and 22 units of utility from $7.50 movie ..

  Is this statement true false or uncertain

It can still earn positive accounting profits after doing so. Is this statement true false or uncertain? And why?

  How would a downward change in the money supply affect

How would a downward change in the money supply affect you personally How would it affect your career What impact would rational expectations have on your decisions in this situation

  What reforms might be necessary if lower access price is use

What other reforms might be necessary if a lower access price is used? Why might lowering the price of access below that of the ECPR be a good idea?

  What is the ratio of apples to bananas consumed

Suppose that the marginal utility of apples is 5A, where A is the number of apples consumed, i.e. MUA = 5A, and MU = 3B is the marginal utility of bananas.

  Find out your options and potential trade-offs support the

imagine that you are a project manager and your project schedule indicates that the work to be completed by a critical

  Why do economist take into consideration opportunity cost

Why do economist, as well as some other professionals, take into consideration opportunity cost when making an economic decision? Why don't accountants consider opportunity cost?

  Who has the absolute advantage in producing cakes

Given this information draw two graphs: a graph of Josie's production possibility frontier and a graph of Mark's production possibility frontier. In your graphs measure cakes on the horizontal axis and gadgets on the vertical axis. Given the above..

  Outline a plan that managers in the low-calorie

Outline a plan that managers in the low-calorie, frozen microwaveable food company could follow in anticipation of raising prices when selecting pricing strategies for making their products response to a change in price less elastic.

  If some auction participants for crude oil field leases

if some auction participants for crude oil field leases have estimates that the oil in the ground is worth 1.2 million

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd