Gini coefficient - Study guides, Class notes & Summaries

Globalization - International integration that occurs from interchange of world views, products, ideas, and other aspects of culture. Globalization Opportunities - *demand for new products *lower labor cost *less expensive natural resources *operate internationally to increase revenue and lower cost. Economic Effect on Globalization - *widespread international movement of goods, capital resources, services, information, etc. *countries are increasingly interdependent by border-crossing...

Macroeconomics - ANSWERSThe study of the economy as a whole, including inflation, growth and unemployment. Aggregate demand - ANSWERSThe total amount of goods / services demanded in an economy at a given time at a given price level. Aggregate supply - ANSWERSTotal amount of goods and services supplied in the economy at a given time at given price level. What is GDP? - ANSWERSGross Domestic Product = the total value of all goods and services produced in an economy in a given time period....

Test Bank for Cohn Global Political Economy Theory and Practice 7th EditionChapter 1 Introduction Multiple Choice 1) Theorists who define globalization primarily as an economic phenomenon with little effect on the primacy of states are a) moderate globalists. b) hyperglobalists. c) internationalists. d) liberal economists. Answer: c; Page 7 2) Theorists who emphasize the fact that international relations is a “self- help” system are most often a) historical materialists. b) liberals. c...

The upward slope of the supply curve means that as the price of a good increases, the producer is more willing to produce: More of a good A technological improvement is some kind of new knowledge that allows farmers to: Produce more output with the same resources Items considered luxuries tend to have income elasticities: Above 1 True/False. The supply curve shows how much of a good a person will want to consume at all possible levels of price False According the Malthusian thesis: Human ...

IB Global Politics Development Final Study Guide Q&A development - CORRECT ANSWER-sustained increase in the standard of living of a society human development - CORRECT ANSWER-the process of enlarging people's freedoms and opportunities and improving their well-being economic development - CORRECT ANSWER-the increase in productivity and revenue sociopolitical development - CORRECT ANSWER-social developments GDP - CORRECT ANSWER-shows average income but does not show how this is disp...

Everything you need to know for the exam Advanced Health Economics of the master Health Sciences on the VU. A summary of the lecturers and its objectives, including images + summary of the compulsory literature with images. In the summary of only the last lecture (medical workforce) also Dutch language is used.

Sundew, an American soda company, opened a number of manufacturing unites in a new developing country. It employed people from host country to work in the new units. This move radically lowered the poverty rate in the developing country. In this scenario, Sundew is _______ - correct answer making a foreign investment What are some human rights issues Nike faced? - correct answer accusation of child labour, forced labour, squalid working conditions, severe work hours, and unfair despite the...

GMS FINAL EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+ Sundew, an American soda company, opened a number of manufacturing unites in a new developing country. It employed people from host country to work in the new units. This move radically lowered the poverty rate in the developing country. In this scenario, Sundew is _______ - -making a foreign investment What are some human rights issues Nike faced? - -accusation of child labour, forced labour, squalid working conditions, severe wo...

what are the economic measures of development? Answer - income per capita/GDP (widely used but isn't easy to measure as earnings of informal businesses need to be accounted for) - economic sector balance (estimate so isn't accurate) (cost of living varies significantly between countries but PPP takes into account the differing costs of living) what are the social measures of development? Answer - human development index (considers a range of factors but difficult to access certain...

The upward slope of the supply curve means that as the price of a good increases, the producer is more willing to produce: Correct Answer: More of a good A technological improvement is some kind of new knowledge that allows farmers to: Correct Answer: Produce more output with the same resources Items considered luxuries tend to have income elasticities: Correct Answer: Above 1 True/False. The supply curve shows how much of a good a person will want to consume at all possible levels of ...