Author Question: If countries are first ranked by level of real GDP per capita, and then by the value of the Human ... (Read 53 times)

Davideckstein7 · **on:** Jun 30, 2018

If countries are first ranked by level of real GDP per capita, and then by the value of the Human Development Index, would you expect the ranking of countries to be similar or different? Explain.

What will be an ideal response?

Question 2

Which of the following is not a contribution of small firms to development:

a. permit the economy to adjust to recession by hiring those laid off in the formal sector
b. create employment
c. source of training and skills
d. use little capital
e. all of the above are contributions of small firms

C.mcnichol98 · **Reply #1 on:** Jun 30, 2018

Answer to Question 1

The final column of Table 1 in the Human Development Report (hdr.undp.org) shows the difference in ranking between the two classification methods and students can be directed to that.

Answer to Question 2

A