Based on World Bank data, Philippines real per capita GDP in 2019 was US$3,850. It needs to increase this to at least US$15,000 to attain a high income country status. By how much should real per capita grown annually if it want to achieve this status in year a) 2028; b) 2037; c) 2055?
Based on World Bank data, Philippines real per capita GDP in 2019 was US$3,850. It needs to increase this to at least US$15,000 to attain a high income country status. By how much should real per capita grown annually if it want to achieve this status in year a) 2028; b) 2037; c) 2055?
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Based on World Bank data, Philippines real per capita
this to at least US$15,000 to attain a high income country status. By how much should real per capita
grown annually if it want to achieve this status in year a) 2028; b) 2037; c) 2055?
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