59 47,090 44.940 Germany Canada 41,310 Japan 30,600 20 High-income countries United States Canada Japan France Middle-income countries China India Libya Low-income countries Burundi Haiti Ethiopia 21,600 Saudi Arabia 11,124 10.230 World average Russia 9,460 9180 China GDP 1.7 1.9 0.7 1.1 9.5 6.8 -1.2 Mexico 3.1 1.4 9.8 7,480 Cuba 2.020 1,960 India Average Growth Rate (2000-2018) of 0.8 1.0 0.0 0.6 0.5 1.4 1.2 Nigeria 3.1 1.5 2.8 800 790 Population Per Capita GDP A Haiti Ethiopia 0.9 0.9 0.7 0:5 9.0 5.4 -2.4 0.0 -0.1 7.0 Assuming the 2019 per capita GDP growth rate is equal to the average growth rate (2000-2018) provided in the table, estimate 2019 per capita GDP for each of the following countries: Instructions: Round your responses to the nearest dollar. a. United States: $ b. China: $
59 47,090 44.940 Germany Canada 41,310 Japan 30,600 20 High-income countries United States Canada Japan France Middle-income countries China India Libya Low-income countries Burundi Haiti Ethiopia 21,600 Saudi Arabia 11,124 10.230 World average Russia 9,460 9180 China GDP 1.7 1.9 0.7 1.1 9.5 6.8 -1.2 Mexico 3.1 1.4 9.8 7,480 Cuba 2.020 1,960 India Average Growth Rate (2000-2018) of 0.8 1.0 0.0 0.6 0.5 1.4 1.2 Nigeria 3.1 1.5 2.8 800 790 Population Per Capita GDP A Haiti Ethiopia 0.9 0.9 0.7 0:5 9.0 5.4 -2.4 0.0 -0.1 7.0 Assuming the 2019 per capita GDP growth rate is equal to the average growth rate (2000-2018) provided in the table, estimate 2019 per capita GDP for each of the following countries: Instructions: Round your responses to the nearest dollar. a. United States: $ b. China: $
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
Transcribed Image Text:United
States
47,090
Germany
44,940
Canada
41,310
Japan
30,600
Korea
South
High-income countries
United States
Canada
Japan
France
Middle-income countries
China
India
Libya
Low-income countries
Burundi
Haiti
Ethiopia
21,600
Saudi
Arabia
11,124 10,230
World
average
Russia
9,460 9,180
China
GDP
1.7
1.9
0.7
1.1
9.5
6.8
-1.2
Mexico
3.1
1.4
9.8
7,480
Cuba
2,020 1,960
India
Average Growth Rate (2000-2018) of
0.8
1.0
0.0
0.6
Nigeria
0.5
1.4
1.2
800 790
3.1
1.5
2.8
Haiti
Population Per Capita GDP
Ethiopia
0.9
0.9
0.7
0.5
9.0
5.4
-2.4
0.0
-0.1
7.0
Assuming the 2019 per capita GDP growth rate is equal to the average growth rate (2000-2018) provided in the table, estimate 2019
per capita GDP for each of the following countries:
Instructions: Round your responses to the nearest dollar.
a. United States: $
b. China: $
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