This exercice in macroeconomics with 2 questions

Section 2: (7 points) Question 1 [ 2 pt] Norway has some of the highest prices for services in the world. It also has some of the highest labour participation of women in the world. Can either of these facts explain why Norway has one of the highest levels of GDP per capita in the world measures using the PPP method? Question 2 [ 5 points] Discuss the following statement. Make sure you discuss both parts of the final sentence. The fastest growing countries in the world always tend to be a small number of countries that are much poorer than countries like the United States, Germany or Japan. This proves development is possible. Why is it possible for some low income countries to grow so rapidly, yet so many do not? question 1 Norway has a highest price for service in the world The, but which means that the more services provided, the norwegian more - GDP increases because the total value prices aren't used when of services will increase.. Norway has some of the adding Last labour partipalon of women in the world