The Philippines and Vietnam Have Roughly the Same Size Population

question 5

Multiple Choice

The Philippines and Vietnam have roughly the same size population.Suppose the GDP of the Philippines is $1,000 billion and the GDP of Vietnam is $10,000 billion.You should conclude

• A)a typical person in Vietnam is 10 times as well off as the typical person in the Philippines.
• B)a typical person in Vietnam is more than 10 times as well off as the typical person in the Philippines.
• C)a typical person in Vietnam is less than 10 times as well off as the typical person in the Philippines.
• D)it is not possible to make a good comparison of the economic well being of a typical individual in the 2 countries without additional information.

Understand the interplay between human activity and environmental change over time.

Identify significant environmental movements and their objectives.

Understand the concept of land ethics and its proponents.

Recognize the importance of maintaining biodiversity and species at risk.

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Definitions:

Risk Level

The degree of uncertainty or potential financial loss inherent in an investment decision.

Standard Deviation

An indicator of the degree of spread or diversity within a collection of numbers.

Probability

A measure of the likelihood that an event will occur, expressed as a number between 0 and 1, where 0 indicates impossibility and 1 indicates certainty.

Good Economy

A state of economic health characterized by strong growth, low unemployment, and stable prices.