Analyze the following gross national income (GNI) numbers and the country populations to select the country that has the highest GNI per capita.
Country A: GNI of US$3,900 and population of 80
Country B: GNI of US$US4,500 and population of
200
Country C: GNI of US$10,000 and population of
1,000
Country D: GNI US$2,000 and population of 200
To calculate the GNI per capita, we divide the GNI by the population.
For country A, the GNI per capita is $3,900 / 80 = $48.75.
For country B, the GNI per capita is $4,500 / 200 = $22.50.
For country C, the GNI per capita is $10,000 / 1,000 = $10.
For country D, the GNI per capita is $2,000 / 200 = $10.
Therefore, country A has the highest GNI per capita with $48.75.
Which one of the following countries can be considered highly developed based on the human development index (HDI)?
Country D: 0.75
Country A: 0.91
Country C: 0.39
Country B: 0.64
Based on the Human Development Index (HDI), a higher value indicates higher levels of human development.
Comparing the HDI values, we can determine that Country A has the highest HDI value of 0.91. Therefore, Country A can be considered highly developed based on the HDI.
How can a country can maintain its future economic growth when its population in the 0–14 age group is very small?
a. It can import more goods.
b. It can allocate more money for pensions for the elderly.
c. It can increase its human capital by attracting skilled immigrants.
d. It can shut down some of its industries.
c. It can increase its human capital by attracting skilled immigrants.
When a country has a small population in the 0-14 age group, it means that there will be fewer individuals entering the workforce in the future. This can potentially lead to a decline in the labor force and hinder economic growth. By attracting skilled immigrants, a country can replenish its labor force with talented individuals who can contribute to economic productivity and growth. Skilled immigrants can bring new ideas, expertise, and innovation, which can help stimulate economic development and ensure future growth.
What do we call an artificially defined informal geographic area with similar cultural, economic, or
environmental characteristics?
a. a region
b. a nation-state
c. a landlocked country
d. a free-trade zone
a. a region
Use the table to answer the question.
Indicators
Where it
is
Where it
needs to be
Per capita gross
national income (GNI)
US$2,982 >US$1,222
Human Assets Index
(HAI)
79.5 >66
Economic and
Environmental
Vulnerability Index
(EVI)
25.7 <32
The table shows the United Nations assessment of
LDC indicators for Bhutan. Which of these
observations can be made on the basis of this table?
a. Bhutan’s government puts a great deal of
emphasis on the happiness of its people.
b. Bhutan’s GNI exceeds the LDC threshold.
c. Bhutan qualifies as an LDC in all major
categories.
d. Bhutan likely has a poor record on human rights.
Based on the table, the following observation can be made:
c. Bhutan qualifies as an LDC in all major categories.
This is because Bhutan's GNI is above the LDC threshold ($1,222), the Human Assets Index (HAI) is above the LDC threshold (66), and the Economic and Environmental Vulnerability Index (EVI) is below the LDC threshold (32). Therefore, Bhutan meets all the criteria to be classified as a Least Developed Country (LDC) in all major categories.