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In a Certain Year,the Income Per Capita in Country 1

question 29

Essay

In a certain year,the income per capita in Country 1 was 1,800 in its domestic currency,while that of Country 2 was 32,000 in its domestic currency.
a)If 1 unit of Country 1's currency is worth 6.5 units of Country 2's currency,which country has a higher income per capita?
b)Which country is likely to have a higher Human Development Index and why?


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National Alliance

An organization or coalition formed between groups across the nation, united for a common purpose or cause.

Gray Panthers

An activist organization advocating for social justice, with a focus on fighting ageism and promoting intergenerational cooperation.

Resources And Power

The distribution and control of assets, capabilities, and influence within a society or organization.

Entitlement

The right to benefits or privileges based on established legal or ethical principles or regulations.

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