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Magazine Problem 22
What are the major issues with regard to trade imbalances for low- and middle- income countries?
Problem 24
Explain why is it difficult to set aside funds for investment when you are in poverty.
Problem 25
Why do you think it is difficult for high-income countries to achieve high growth rates?
Problem 30
Retrieve the following data from The World Bank database \(\quad\) (http://databank.worldbank.org/data/ home.aspx) for India, Spain, and South Africa for the most recent year available: \- GDP in constant international dollars or PPP \- Population \- GDP per person in constant international dollars \- Mortality rate, infant (per 1,000 live births) \- Health expenditure per capital (current U.S. dollars) \- Life expectancy at birth, total (years)
Problem 32
Use the Rule of 72 to estimate how long it will take for India, Spain, and South Africa to double their standards of living.
