Which of the following corrections will make India and China look much richer as

Question

Which of the following corrections will make India and China look much richer as compared to the United States? a) Measuring their GDP instead of their GNP b) Adjusting from GDP to GDP per capita. c) Adjusting by purchasing power parity instead of market exchange rates. d) Accounting for differences in life expectancy 6. Answer: The Tennessee STAR experiment randomly assigned some children to large and some to small classrooms to gauge the effect of small classrooms on student achievement. Suppose that you found out that parents of children in large classrooms complained to have their children moved, or withdrew them to private schools. What would you be most directly worried about? a) The cost of the experiment. b) The internal validity of the experiment. c) The external validity of the experiment. d) The duration of the experiment. 7. Answer: 8. How many stcady states are there in the Solow model? a) 0 b) 1 c) 2 d) 3 Answer: 9. Which of the following happens first in the Demographic Transition? a) Life expectancy rises. b) Fertility falls c) Fertility experiences a "baby boom". d) The net rate of reproduction falls. Answer

Explanation / Answer

6) (C) Adjusting by purchasing power parity rather than market exchange rates.

7) (b) internal validity of the experiment , is the immediate thing to worried , bcz if parents remove their children from large classrooms , it will effect the experiment results

8) (c) 2.. There are two steady states..steady state of capital and golden rule level of steady state

9) (a) life expectancy rises...this is because of fall in death rates whereas birth rates remain high which leads to rise in life expectancy

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