Gini coefficient Samenvattingen, Aantekeningen en Examens

Globalization - International integration that occurs from interchange of world views, products, ideas, and other aspects of culture. Globalization Opportunities - *demand for new products *lower labor cost *less expensive natural resources *operate internationally to increase revenue and lower cost. Economic Effect on Globalization - *widespread international movement of goods, capital resources, services, information, etc. *countries are increasingly interdependent by border-crossing...

Six Sigma - Answer A method that provides tools for organizations to increase performance and decrease process variation Globilization - Answer when international integration arises from the interchange of world views, products, ideas, and other aspects of culture. CAGE - Answer culture, administration, geography, economics Gini Coefficient - Answer measures the inequality among values of a frequency distribution such as levels of income Happy Planet Index - Answer measures how well ...

WGU D080 Terms exchange rate system - Answer A system where a currency's value is tied to the value of another single currency, to a basket of other currencies, or to another measure of value, such as gold WGU D080 Terms Verified 100% Correct… fixed-rate currency exchange system - Answer When a country's currency value is fixed or pegged by a monetary authority against the value of another currency, a basket of currencies, or another measure of value flat structures - Answer Organiz...

Macroeconomics - ANSWERSThe study of the economy as a whole, including inflation, growth and unemployment. Aggregate demand - ANSWERSThe total amount of goods / services demanded in an economy at a given time at a given price level. Aggregate supply - ANSWERSTotal amount of goods and services supplied in the economy at a given time at given price level. What is GDP? - ANSWERSGross Domestic Product = the total value of all goods and services produced in an economy in a given time period....

Sundew, an American soda company, opened a number of manufacturing unites in a new developing country. It employed people from host country to work in the new units. This move radically lowered the poverty rate in the developing country. In this scenario, Sundew is _______ - correct answer making a foreign investment What are some human rights issues Nike faced? - correct answer accusation of child labour, forced labour, squalid working conditions, severe work hours, and unfair despite the...

IB Global Politics Development Final Study Guide Q&A development - CORRECT ANSWER-sustained increase in the standard of living of a society human development - CORRECT ANSWER-the process of enlarging people's freedoms and opportunities and improving their well-being economic development - CORRECT ANSWER-the increase in productivity and revenue sociopolitical development - CORRECT ANSWER-social developments GDP - CORRECT ANSWER-shows average income but does not show how this is disp...

The upward slope of the supply curve means that as the price of a good increases, the producer is more willing to produce: More of a good A technological improvement is some kind of new knowledge that allows farmers to: Produce more output with the same resources Items considered luxuries tend to have income elasticities: Above 1 True/False. The supply curve shows how much of a good a person will want to consume at all possible levels of price False According the Malthusian thesis: Human ...

GMS FINAL EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+ Sundew, an American soda company, opened a number of manufacturing unites in a new developing country. It employed people from host country to work in the new units. This move radically lowered the poverty rate in the developing country. In this scenario, Sundew is _______ - -making a foreign investment What are some human rights issues Nike faced? - -accusation of child labour, forced labour, squalid working conditions, severe wo...

IB Global Politics Development Latest Update Graded A+ development sustained increase in the standard of living of a society human development the process of enlarging people's freedoms and opportunities and improving their well-being economic development the increase in productivity and revenue sociopolitical development social developments GDP shows average income but does not show how this is dispersed Gini Coefficient measures inequality of society, assumes inequality ...

What is the Human development index (HDI)? - ANSWER-- This measure the education, healthcare, income, life expectancy and other factors - Scales from 0 (least developed country) to 1 (most developed country What is gross domestic product per capita (GDP)? - ANSWER-- This is the total value of goods and services produced by a country annually - GDP per capita equals GDP divided by the population of a country What is corruption perception Index (CPI)? - ANSWER-- This is approximate measurem...