Can somebody help me with these two ASAP! Question 5 Table 9.1 Net Benefit Ratios by Rural
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Question 5 Table 9.1 Net Benefit Ratios by Rural Household Group in Four Central American Countries Household Group Landless Subsistence Small Commercial Medium Commercial Large Commercial El Salvador Guatemala -0.16 -0.01 0.31 1.2 3.88 Note: Country -0.36 -0.32 -0.12 0.07 0.64 Honduras -0.63 -0.78 -0.13 1.01 1.71 Nicaragua -0.49 0 0.39 0.62 1.79 SOURCE: J. Edward Taylor, Antonio Yoner-Naude, and Nancy Jesurun Clements. "Does Agricultural Trade Liberal- ization Reduce Rural Welfare in Developing Countries The Case CAFTA," Appiled Economic Perspectives and Policy 32, no. 1 (2010): 95-116. Calculate the following values: 2 pts The difference(increase) in percentage terms of the change in welfare for a 1% increase in price of food if a farmer moves from being a landless farmer to a subsistence farmer in Guatemala. [Hint: this should be a positive number as there is an increase in welfare when you go from being landless to the level of subsistence] Give your answer as a percent. For example, if the answer is 3% (or 0.03), then type 3 Percentage change in GDP growth rate if it changes from 10% in year 1 to 11% in year 2 is 10% (11-10)/10 *100 % or 0.01 Also, note that the NBR represents change in welfare in percentage terms when farmers experience a 1% price rise in the price of food. Question 5 Table 9.1 Net Benefit Ratios by Rural Household Group in Four Central American Countries Household Group Landless Subsistence Small Commercial Medium Commercial Large Commercial El Salvador Guatemala -0.16 -0.01 0.31 1.2 3.88 Note: Country -0.36 -0.32 -0.12 0.07 0.64 Honduras -0.63 -0.78 -0.13 1.01 1.71 Nicaragua -0.49 0 0.39 0.62 1.79 SOURCE: J. Edward Taylor, Antonio Yoner-Naude, and Nancy Jesurun Clements. "Does Agricultural Trade Liberal- ization Reduce Rural Welfare in Developing Countries The Case CAFTA," Appiled Economic Perspectives and Policy 32, no. 1 (2010): 95-116. Calculate the following values: 2 pts The difference(increase) in percentage terms of the change in welfare for a 1% increase in price of food if a farmer moves from being a landless farmer to a subsistence farmer in Guatemala. [Hint: this should be a positive number as there is an increase in welfare when you go from being landless to the level of subsistence] Give your answer as a percent. For example, if the answer is 3% (or 0.03), then type 3 Percentage change in GDP growth rate if it changes from 10% in year 1 to 11% in year 2 is 10% (11-10)/10 *100 % or 0.01 Also, note that the NBR represents change in welfare in percentage terms when farmers experience a 1% price rise in the price of food.
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