1. In Chapter 32 we are introduced to information about macroeconomic policy around the world. With that in mind, why is it important to distinguish GDP from GDP per capita when comparing countries wealth and standard of living? Do you think GDP per capita accurately expresses economic well-being?

2. What are some of the problems economically-challenged countries face in terms of economic growth? How might this be improved? Consider information from the text, as well as your own ideas.

3.Do you think investment in human capital or physical capital is more important to a developing nation? Does this depend on the country, or would your answer remain consistent "across the board"?