« previous next »

Author Question: The Philippines and Vietnam have roughly the same size population. Suppose the GDP of the ... (Read 91 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 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Continuous variation in a natural population Continuous variation in a natural population
How Fast is the World's Population Growing? How Fast is the World's Population Growing?
Three Population Pyramids Three Population Pyramids
Population and Settlement Population and Settlement
Human population growth, 1700 - present Human population growth, 1700 - present
Relationship Between Income per Capita and Population Growth Relationship Between Income per Capita and Population Growth
Video: Deafness Culture

For a complete list of videos, visit our video library