1. Compare the GDP per capita ranking and HDI ranking between Bhutan and Thailand in 2022. Which country performs better according to each indicator, and explain why?
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- 1960 South Korea Mexico 2012 South Korea Mexico Population, total (in millions) 25 38.7 50 120.8 e GDP (in billions of constant 2005 US$) 27.7 127.6 1165.3 1031.1 Source: World Development Indicators. Calculate per capita GDP for each country and year. Don't use commas or dollar signs, and round to the nearest dollar. • South Korea, 1960: 1108 • Mexico, 1960: type your answer... • South Korea: 2012: 23306 • Mexico, 2012: type your answer... • Did the standard of living rise in both countries? (type either yes or no): type your answer... • Which country saw the greater increase in living standards? type your answer... According to the PPF model, why might this country have had a greater increase in living standards? (Type the letter that corresponds to the best answer.) a. This country created more capital. b. This country's population increased more. c. This country adopted more advanced tecnhology. d. All of the above are consistent with the PPF model and the data. e. (a) and (c) only…Consider the table of GDP and population for several imaginary countries. Countrv Wrigleyville Longhornland Dinkvtown GDP in millions of U.S. dollars Population in millions GDP per capita in U.S. dollars 183.0 115 175.00 559.0 2965 1.700 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 Ủ.S. dollars? Express your answer rounded to one decimal place. B. What is the GDP of Dinkytown in millions of Ủ.Š. dollars? Express your answer rounded to one decimal place.How does per capita GDP in the following countries "stack up" against America's ( in percentage terms) a. Canada b. China c. Cuba
- the measurement method of per capita income in Turkey has been changed in 2016.What is wrong with it?What’d happen to GDP per capita if Turkey has not made this revision?Do the other countries also apply such revisions?cmillan Learning Consider the table of GDP and population for several imaginary countries. $ Country Wrigleyville Longhornland Dinkytown $ 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. 20.6 Incorrect GDP in millions of U.S. dollars Population in millions GDP per capita in U.S. dollars 145.0 125 221.00 128.7 559.0 2913 B. What is the GDP of Dinkytown in millions of U.S. dollars? Express your answer rounded to one decimal place. Incorrect 1.900Consider the table of GDP and population for several imaginary countries. GDP in millions of U.S. dollars 533.0 2275 Country Wrigleyville Longhornland Dinkytown $ 18.8 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. Population in millions GDP per capita in U.S. dollars 113.0 121 173.00 276800 1.600 B. What is the GDP of Dinkytown in millions of U.S. dollars? Express your answer rounded to one decimal place. Incorrect
- Given the statistics in the table below, which of the following statements is true? Bangaladesh GDP per person (2010 constant U.S. dollars) $1002.39 $1062.04 $1127.27 $1203.22 Year 2015 2016 2017 2018 Kenya GDP per person (2010 constant U.S. dollars) $1093.13 $1129.71 $1157.05 $1202.13 From 2015 to 2018, Kenya's standard of living always exceeded Bangladesh's standard of living. By the year 2018, Bangladesh had caught up with Kenya in terms of standard of living. From 2015 to 2018, Kenya's economic growth always exceeded Bangladesh's economic growth. From 2015 to 2018, Kenya's economic growth rate was always negative.make a pie chart and find key points in this question. I do not need calculations GDP per 1980 сapita, current 1981 1982 1983 prices (U.S. dollars per capita) Advanced 10277.37110358.89110219.32510567.5 economies Emerging 893.41 market and 897.965 833.055 801.721 developing economiesCan you give the relative size of each of the components? (in absolute dollars and as a percentage of GDP) for the year 2023 Q2' Please and thank you
- Use Wikipedia to find GDP per capita for the U.S. and Bhutan. How do they compare? What do the GDP per capita calculations indicate with respect to standards of living in each country? Now, research Gross National Happiness (GNH). Compare GNH in Bhutan to Bhutan’s GDP. Which measure do you think is the most useful measure in evaluating a nation’s standard of living?2) The Penn World Table includes several GDP figures. Suppose that you want to compare the standard of living in the Netherlands in 1985 with that of Poland in 2015. Which type of GDP is the best choice? a) CGDP° per capita, b) RGDP° per capita. c) RGDPN^ per capita. d) CGDP° per capita. 3) The Penn World Table calculates world prices in dollars by writing equations for the prices in which they suppose that they know a) the current exchange rates b) the nominal GDPs C) the real GDPs. d) the purchasing power parity exchange rates.Per Capita & GDP Country Classification [For your analysis, make sure to use current data: (2020 or 2021); also include the source of your data] 1. List the 10 countries with the highest GDPs in the World.2. List the 10 countries with the highest Per Capita GDPs in the World. Explain how the Per Capita GDP is calculated.3. Compare and analyze the two types of ranking (GDP and Per Capita GDP).4. What are the criticisms with the two types of ranking (GDP and Per Capita)?5. Is there a better way to classify a country other than the use of GDP and per capita? Explain6. How is a country classified by the World Bank and the United Nations (UN) (see also textbook for more information)? Explain and illustrate.7. Reflect on the globalization debate (for or against) (At least one paragraph), [see chapter 18: Globalization, textbook]
