Chapter 32: Q. 18. (page 782)
In low-income countries, does it make sense to argue that most of the people without long-term jobs are unemployed?
Short Answer
Low income countries, people without long term jobs are unemployed.
Chapter 32: Q. 18. (page 782)
In low-income countries, does it make sense to argue that most of the people without long-term jobs are unemployed?
Low income countries, people without long term jobs are unemployed.
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Get started for freeUsing the research skills you have acquired, retrieve the following data from The World Bank database (http://databank.worldbank.org/data/ home.aspx) for India, Spain, and South Africa for 2010โ2015, if available:
โข Telephone lines
โข Mobile cellular subscriptions
โข Secure Internet servers (per one million people)
โข Electricity production (kWh)
Prepare a chart that compares these three countries. Describe the key differences between the countries.
What other factors, aside from labor productivity, capital investment, and technology, impact the economic growth of a country? How?
How does indexing wage contracts to inflation help workers?
Explain why converging economies may present a strong argument for limiting flows of capital but not for limiting trade.
Using the data in Table 32.3, rank the seven regions of the world according to GDP and then according to GDP per capita.
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