Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Living Conditions in Poor Nations versus Rich Nations Life indicators GDP per capita, PPP (2011 international $) Infant mortality rate (per 1,000 live births) Under

Living Conditions in Poor Nations versus Rich Nations Life indicators GDP per capita, PPP (2011 international $) Infant mortality rate (per 1,000 live births) Under 5 mortality rate (per 1,000) Life expectancy at birth (years) Physicians (per 10,000 people) Poor Rich $1,872 53 $40,651 4 76 5 62 81 2.1 29.3 Access to improved water (%) 68.7% 99.6% Access to improved sanitation (%) 37.1% 99.9% Access to electricity (%) 31.2% 99.7% Mobile cellular subscriptions (per 100 people) 55 113 Secure Internet servers (per million people) 1.43 1,181.03 Literacy rate, adult male (%) 68% 99% Literacy rate, adult female (%) 53% 99% Female/male secondary enrollment (ratio) 0.89 0.99 Female/male postsecondary enrollment (ratio) 0.65 1.24 Source World Bank, World Development Indicators. Poor nations are 40 poorest; rich nations are 31 high income OECD nations "Data are generally from 2013 but some individual observations are from 2011 and 2012 Which of the following statements correctly describes a reason that economic growth matters, as shown by the table? Choose one: OA. In many different ways, poor nations have worse human welfare conditions than rich nations. OB. Almost 100% of the people in poor nations have access to improved water, while only about 69% of those in rich nations have access to improved water. OC. Ninety-nine percent of adult females are literate in poor nations and 68% of adult females are literate in rich nations. O D. Rich nations have a higher per capita GDP than poor nations, but by most other measures, there is not a great difference in human welfare. O E. The infant mortality rate in rich nations is 53 per 1,000 births in rich nations and 4 per 1,000 births in poor nations

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions