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Explain how low levels of living can turn into a

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3.Explain how low levels of living can turn into a vicious cycle in developing countries.
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4.Explain why purchasing power parity measures of income levels tend to show a smaller difference between poor and rich countries.
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5.If countries are first ranked by level of real GDP per capita, and then by the value of the Human Development Index, would you expect the ranking of countries to be similar or different? Explain.
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