Question

In 2011, Cambodia had a GDP of $33.8 billion and a per capita GDP of $2,200. Nearly a third of its people lived below the poverty level, and average life expectancy was 62.5 years. Which of these additional factors would most support the conclusion that Cambodia is a developing economy rather than an emerging economy?

A rapidly increasing GDP

Decreasing illiteracy rates

Increased foreign investment

Lack of basic infrastructure


(Any help or hints please (>~<)?

Answer 1

Would it be "D"?

Answer 2

Which of the following statements reflects the broad economic goal of equity?

Congress increasing funding for space exploration in order to boost high-tech employment and develop new technologies

Removing funding from public universities that refuse to accept women, minorities, or economically disadvantaged applicants as students

The National Park Service maintaining a program of controlled fires to burn off undergrowth and keep wildfires from happening

The president speaking about economic opportunities in giving better trade status to countries with command economies


(This one i don't understand at all Q_Q)!

Answer 3

you were exactly right with D. Emerging economies may not be completely developed but they should show signs they are on their way. IF they lack basic infastructure it will be very difficult to argue that the quality of living is growing and catching up to the western world (if a country lacks the basics like roads, water and electricity).

promoting equity means giving every one the same opportunities. You can read through all of them but you should notice that B is the only one that makes an effort to specifically improve the situation for minorities.

Answer 4

@ddrayer

Thank you so much for this :) , for some reason i thought the second answer would be also D.. >' <

If you wouldn't mind me asking one more question im a bit confused on :
Which of the following is a potential benefit of inflation?

Higher unemployment

Higher prices

Less government revenue

More business profits

(As i was looking this up i found that most of them apply such as if inflation is low then there is a raise of unemployment etc, I think im over thinking this question a bit to much lol ^_^,)

Answer 5

There are a couple problems with D. One is that command economies are not necessarily great at promoting equality. This is because those in control have absolute power, so they actually tend to struggle with problems like favoritism. Also talk is cheap!

Inflation generally isn't great. However as prices increase they allow businesses to charge more and can sometimes lead to higher business profits.

Answer 6

@ddrayer
Oh alright, thank you so much for the detailed answers :) I really do appreciate your help with this. ( :

Answer 7

no trouble!