The International Property Right Index scores countries based on the legal and political environment and how well property right
s are protected. Go online and find a recent ranking. Choose three countries with high scores and three countries with low scores. Then find estimates of GDP per person in each of these six countries. What pattern do you find? Give two possible interpretations of the patterr.
1 answer:
Answer:
1.New Zealand
2.Finland
3.Sweden
4 Switzerland
5.Norway
6.Luxemburg
Three countries with highest score are
New zealand, Finland and Sweden
Lowest are Yemen, Bangladesh and Moldova
Explanation:
The interpretation are:-
1. The slow and steady property rights tends to be unabated.
The average reached around 5.6%.
2. Countries like Ethopia and Africa had made certain overall improvements. Eastern Europe and Central Asia were the only places to see net reduction.
You might be interested in
Answer:
Material Price Variance = $2,500 Unfavorable
Explanation:
Standard fabric for each cap = 2.00 yard
Standard price per yard = $2.00 per yard
Actual price per yard = $2.10
Actual Quantity = 25,000 yards
Materials price variance = (Standard price - Actual Price) Actual Quantity
= ($2.00 - $2.10) 25,000 = - $0.10
25,000
= - $2,500
Since it is negative in value it is Unfavorable