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Patrick Thompson
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Kael Dunlap
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James Storer
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Suzette Hendon
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Ben Stevenson
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Final Goods And Services Gdp Per Capita Principles Of Economics: Macroeconomics Principles Of Economics: Microeconomics
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Pedro Huang
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A Level Economics Consumer Goods And Services Gdp Per Capita Macroeconomics
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Joseph Fraser avatar
Joseph Fraser
66 terms
AP Biology Biology Correlation And Causation Gdp Per Capita Men And Women
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Clarence Louder
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Business Cultures Around The World Free Trade Agreement Gdp Per Capita Government Regulation Of Business Non Profit Organizations
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Kieran Carr
82 terms
Gdp Per Capita Human Resource Management International Business Principles Of Economics: Microeconomics Principles Of Marketing Self Reference Criterion Skills And Knowledge
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Rosa Sloan
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What formulas can we use to get a better idea of productivity since GDP Per Capita doesn’t give us a sense of productivity?
GDP/labor force or even better yet: GDP/# hours worked
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What does GDP per capita imply? Is this the reality?
implies GDP is divided equally among the population which is NOT the reality
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GDP per capita is _____ between MDCs and LDCs. What does this mean?
Widening. This means MDCs are getting richer while LDCs are getting poorer overall.
More test answers on https://studyhippo.com/ap-human-geography-chapter-9-development-2-28235/
What’s the problem with the formula for GDP Per Capita: GDP/Population?
this doesn’t really give us a sense of productivity because the population includes everyone like kids and retired people who don’t contribute to production
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As of 2013, which of these countries had the highest GDP per capita?
Switzerland
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What does ‘capita’ mean in GDP per capita?
it’s per person
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How do you calculate GDP per capita?
What’s the formula for GDP Per Capita?
Which classification method best shows how competitive a nation’s economy is in global terms? a. Using phrases like “first world,” “second world,” and “third world.” b. Calculating the GDP per capita of each country and using those numbers to create a global average that can be used as an economic yard stick. c. Classifying countries based on their level of development and using phrases like “more developed” or “less developed.” d. Visiting each country and polling a select handful of the population about their income, etc.
b. Calculating the GDP per capita of each country and using those numbers to create a global average that can be used as an economic yard stick
More test answers on https://studyhippo.com/semester-2-sociology-quizzes/
What is the average GDP per capita in MDCs vs LDCs?
GDP per capita in MDCs exceeded $30,000. GDP per capita in LDCs was less than $3,000.
More test answers on https://studyhippo.com/ap-human-geography-chapter-9-development-2-28235/
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