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spayn [35]
3 years ago
12

Suppose two countries initially start off at the same GDP per capita in 1940. After 70 years the countries have large difference

s in GDP per capita in the year 2010, with one country having $30,000 more than the other country. What is the most likely reason for this large disparity in GDP per capita between the two countries
Business
1 answer:
Aneli [31]3 years ago
6 0

Answer:

The contrast in GDP per capital growth relative to productivity growth between the two countries and the effect of compounding decrease

Explanation:

Solution

The GDP growth rate relative productive growth was one of the prime factors of total growth during the late 20th century.

The more technological investment, the higher was the productivity together with compounding could have played a vital role.

By compounding it refers to the reinvestment with the aid of established generated revenue. this implies that capital is used to its fullest thus increasing productivity. thus maybe the country with Low GDP per capital might have experienced a decrease, then compounding further abetting a downturn in the GDP growth rate.

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He _____ provides a basis for creating the project schedule and performing earned value management for measuring and forecasting
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Industrialized former colonial states that dominate the world economic system are?
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2 years ago
The costs of direct materials are classified as: Conversion cost Manufacturing cost Prime cost A) Yes Yes Yes B) No No No C) Yes
WARRIOR [948]

Answer:

D) No Yes Yes

Explanation:

As we know that

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Read 2 more answers
2) Economic Growth: Use the PPF from above to illustrate the effects of saving and investment upon national GDP. Use a PPF to sh
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Answer and Explanation:

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level of savings direct related to the level of investment, investment feeds on available finance from saving. If more people save, the banks will be able  to lend more to firms to support their investments.

low savings and investment implies a PPF inward shift. low savings  in economy implies that the economy is opting for short-term consumption over long-term investment, and this will lead to future undue pressure on available infrastructures ad resources.

spending  on consumer goods vs capital goods effect on the economy

In the short run, the economy must prefer using available resources to produce capital rather than consumer goods. Standards of living will be affected, as private consumption will have access to fewer resources. However, in the longer run, the raised production of capital goods will boost  the production of more consumer goods ad therefore standards of living will experience more increase than they would have witness if the economy had spent most of its income on consumer goods.

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