« previous next »

Author Question: The Philippines and Vietnam have roughly the same size population. Suppose the GDP of the ... (Read 39 times)

mp14

  • Hero Member
  • *****
  • Posts: 534
on: Jun 29, 2018
The Philippines and Vietnam have roughly the same size population. Suppose the GDP of the Philippines is 1,000 billion and the GDP of Vietnam is 10,000 billion. You should conclude
 
  A) it is not possible to make a good comparison of the economic well being of a typical individual in the 2 countries without additional information.
  B) a typical person in Vietnam is more than 10 times as well off as the typical person in the Philippines.
  C) a typical person in Vietnam is 10 times as well off as the typical person in the Philippines.
  D) a typical person in Vietnam is less than 10 times as well off as the typical person in the Philippines.

Question 2

Economies where goods and services are traded directly for other goods and services are called ________ economies.
 
  A) barter B) seigniorage C) direct D) trade


blazinlyss

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Estimating cicada population size and predation rates by birds. Estimating cicada population size and predation rates by birds.
Scale used to measure pupil size in millimeters. Scale used to measure pupil size in millimeters.
Percentage of Foreign-Born Whites and Native Whites of Foreign or Mixed Parentage in Total Populatio Percentage of Foreign-Born Whites and Native Whites of Foreign or Mixed Parentage in Total Populatio
World Population, 1850–2150 World Population, 1850–2150
Age-Standardized Suicide Rates (per 100 000 Population), Both Sexes, 2016 Age-Standardized Suicide Rates (per 100 000 Population), Both Sexes, 2016
Marking for Population Study Marking for Population Study
Video: Protein Secondary and Tertiary Structures - Animation

For a complete list of videos, visit our video library