(8) 20 1 10 -Armenia 10 15 Nicaragua DI 20 25 30 Sierra Leone <-Entrea Net ODA received (% of GM) FIGURE 14-4 Foreign Aid and Growth, 1999-2008 GNI, gross national income; ODA, official development assistance. Source: World Bank, "World Development Indicators," http://databank.worldbank.org 40 45 50 What does Figure 14-4 tell about the relationship between aids and growth? Aids promote economic growth. Aids hurt economic growth. Aids have no effect on economic growth. The effects of aids on growth are inconclusive.

(8) 20 1 10 -Armenia 10 15 Nicaragua DI 20 25 30 Sierra Leone <-Entrea Net ODA received (% of GM) FIGURE 14-4 Foreign Aid and Growth, 1999-2008 GNI, gross national income; ODA, official development assistance. Source: World Bank, "World Development Indicators," http://databank.worldbank.org 40 45 50 What does Figure 14-4 tell about the relationship between aids and growth? Aids promote economic growth. Aids hurt economic growth. Aids have no effect on economic growth. The effects of aids on growth are inconclusive.

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter19: The Macroeconomic Perspective

Section: Chapter Questions

Problem 32P: In 1980, Denmark had a GDP of 70 billion (measured in U.S. dollars} and a population of 5.1 million....

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