AnswersRAIL NCAA OC Economics 2027Introduction to Macroeconomics

Economic Growth Answers

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What did you include in your response? Check any that apply.

A
a comparison of an occupation in the labor force to GDP
B
a reason for the difference
4

6.5%7.1%15.5%

A
6.5%
B
7.1%
C
15.5%
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poorestrichestfastest-growing

A
poorest
B
richest
C
fastest-growing
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What do the graphs tell you about Germany’s labor force?

A
few people in Germany work in industry
B
many people in Germany work in services
C
most people in Germany work in agriculture
D
few people in Germany work in services
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What do the graphs tell you about Bolivia’s labor force?

A
75% of Bolivians work in services
B
About 1/3rd of Bolivians work in agriculture
C
Few people in Bolivia work in services
D
More Bolivians work in industry than in services
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Go to this link to find out more about Bolivia’s economy to answer the question. Use the information and the graphs to write two sentences about how Bolivia’s labor force by occupation compares to its GDP by sector.Why might the percentages differ?

Answer:

A larger percentage of Bolivia’s labor force works in agriculture than the percentage of GDP that comes from agriculture. The percentages may differ because workers in industry and services contribute more to output on average.

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Question text not available

Answers:
Scroll through the figures presented within the link, and look for the information presented within these statements.Then, use what you have found to complete each sentence.According to the website, B:poorest
Scroll through the figures presented within the link, and look for the information presented within these statements.Then, use what you have found to complete each sentence.According to the website, B:$5,000
Scroll through the figures presented within the link, and look for the information presented within these statements.Then, use what you have found to complete each sentence.According to the website, B:5.5%

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