Professional Documents
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A If you suddenly found yourself living as a poor a. If you suddenly found yourself living as a
poor person in a developing country, what are some things that you now do that you would no
longer be able to do? What new things would you have to do? […]
Calculate real growth per capita in the following countries a Democratic Calculate real growth
per capita in the following countries: a. Democratic Republic of Congo: population growth = 3.0
percent; real output growth = 1.8 percent. b. Estonia: population growth = -0.4 percent; real
output growth = 4.2 percent. c. […]
The graph below shows a production function and the subsistence The graph below shows a
production function and the subsistence level of output. a. Does the production function exhibit
increasing or decreasing marginal productivity? b. Label a level of population at which the
population is expected to grow. What is […]
Per capita income is growing at different rates in the Per capita income is growing at different
rates in the following countries: Nepal, 1.1 percent; Kenya, 1.7 percent; Singapore, 7.2 percent;
Egypt, 3.9 percent. How long will it take for each country to double its income per person? Per
capita […]
Using the demand and supply of loan able funds demonstrate Using the demand and supply of
loan able funds, demonstrate the effect of the following on the interest rate. As a result, what
would you expect to be the impact of the change on growth ? a. Government increases
spending. […]
State whether the following actions will increase or decrease GDP a State whether the following
actions will increase or decrease GDP: a. The United States legalizes gay marriages. b. An
individual sells her house on her own. c. An individual sells his house through a broker. d.
Government increases Social […]
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