Question: 1. Get the excel file with GDP per capita data for a cross section of countries in 1960 and 2017 (some countries are missing because

1. Get the excel file with GDP per capita data for a cross section of countries in 1960 and 2017 (some countries are missing because the data are not available). The file is available on Canvas. The source for this dataset is The World Bank (databank.workbank.org).

(a) In 2017, what are the 3 richest countries in the world? What are the 3 poorest countries in the world? (

b) In 1960, what are the 3 richest countries in the world? What are the 3 poorest countries in the world?

(c) In 1960, how many times richer was the average person of the richest country than the average person of the poorest country in the world? In 2017, how many times richer is the average person of the richest country than the average person of the poorest country in the world?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!

On January 1, 2023, Pulaski, Incorporated, acquired a 60 percent interest in the common stock of Sheridan, Incorporated, for $372,000. Sheridan's book value on that date consisted of common stock of...

Please helpFrom the text- please make one annotation per page Workbook please complete using the text 4 Files 4:01 PM Fri May '13 Insert Draw Layout Review View Unit 4Economic Indicators Name: HR:...

Enumerate the following problems and provide solutions. HAMELEON NETWORK Chameleon Network is a producer and distributor of motion picture films. It specializes in action adventure films popular with...

a. The GCC region has been of interest to many researchers around the world, and over the decades, many scholarships have been produced on varied dimensions. Why? b. What was the purpose of writing...

This question requires you to find the data in the Penn World Tables that measures real GDP per capita using purchasing power parity exchange rates (The last version is Version 10.0, and you can find...

Data Source http://data.worldbank.org/indicator World Development Indicators Country Name Afghanistan Albania Algeria Andorra Angola Antigua and Barbuda Arab World Argentina Armenia Aruba Australia...

Assignment Instructions: The objective of this assignment is to provide some informal evidence (or lack of evidence) on the "convergence hypothesis," a key issue in growth and development theory, as...

Department of Economics Columbia University W3412 Fall 2015 Problem Set 3 Introduction to Econometrics Profs. Seyhan Erden and Miikka Rokkanen for all sections. Part I. True, False, Uncertain with...

The paper is structured as follows. Section 2 outlines the literature focusing mainly on the relationship between the ICOR and both of per capita income and growth rate. Section 3 provides empirical...

Q) Prepare - 1) projected cash flow 2) projected p&l 3) break-even and balance sheet All in excel using the case study information attached. Note that where no data available, make assumptions. Q)...

Depreciation of a country's currency may result in: a). improvements in its balance of power b). none of the answers are correct c), less imports into that country d). more export from that country...

Q6 ) (Memory Organization) A computer provides each process with 65,536 bytes (2^16) of address space divided into pages of 4096 (2^12) bytes each. A particular program has a text size of 32,768...

Please help to make the shuffle method work as it is now only the suits are shuffled, like to have all 4 suits shuffles with each other. Please send the code back with the changes in it in whole....

SIMAD UNIVERSITY Class: BACC25 Subject: Islamic Accounting Instructions: a) Follow The Instructions. Midterm Exam Instructor: All Ibrahim Date: 6-4-2022 b) You Have 1.5 Hrs. To Complete This Test. c)...

analyse your own performance and set yourself objectives for the future.

3. Performance appraisals are intended to motivate employees towards greater productivity and improve communication/relations between managers and their team members. Explain why performance...

give examples of techniques used in the management of performance at work