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schepotkina [342]
1 year ago
5

The following table shows the approximate income distribution for Croatia, Nicaragua, and Haiti in 2016. In particular, it shows

the income shares of each fifth of the income distribution.
Business
1 answer:
Semenov [28]1 year ago
5 0

Based on the income shares of Croatia, Nicaragua, and Haiti, when it come to which nation has the most income, the answer is you cannot tell from this table.

<h3>Which nation has the most income?</h3>

The table simple shows the various percentages of the country's population that are earning a certain amount.

From this table alone, we cannot tell which nation has the most income.

We can infer however, that Croatia has the least income inequality based on the even spread of total income. Haiti then has the most income inequality.

Question is:

Which nation has the most income?

  • Croatia
  • Nicaragua
  • Haiti
  • You cannot tell from the table

Find out more on income inequality at brainly.com/question/24554155.

#SPJ1

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Answer: Statement that “There is no need to evaluate mutual fund investments because investment companies hire the best professional managers they can to manage their funds “ is FALSE

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Full question attached

Answer and Explanation:

Answer and explanation attached

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3 years ago
Consider the economies of Sporon and Gribinez, both of which produce agricultural products using only land and labor. The follow
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Answer:

Sporon

2020 $15

2021   $14

2022  $12

2023  $10

Gribinez

2020 $9

2021  $10

2022  $11

2023  $12

Real GDP per capita rose from 2020 to 2023 as population increased.

Explanation:

Real Per capita GDP measures the standard of living of the people in a country. The higher the Real Per capita GDP, the higher the standard of living

Real Per capita GDP = Real GDP / population

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Real GDP is GDP calculated using base year prices. Real GDP has been adjusted for inflation.

Sporon

2020 : $15,000 / 1000 = $15

2021:  $28,000 / 2000 =    $14

2022 :  $36,000 /3,000 =  $12

2023: $40,000/4000 =  $10

Gribinez

2020  : $4500 / 500= $9

2021 : $10,000 / 1000 = $10

2022 $16,500 / 1500=  $11

2023: $24,000 / 2000 =  $12

The real GDP per capita of Gribinez rose from 2011 to 2014 as population increased because the rate of increase of real GDP per capita was higher than the rate of increase in population

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Rate of increase in Real GDP in 2022 = (16500 / 10,000) - 1 = 0.65 = 65%

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The division of productive activities among persons and regions so that no one individual or region is totally​ self-sufficient
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8 0
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In a market economy why is private Ownership an important source of economic prosperity
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