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In 1980, America's GDP per capita was approximately $30,000 (measured in today's dollars). How much higher in percentage terms was America's GDP per capita in 2018?

In 1980, America's GDP per capita was approximately $30,000 (measured in today's dollars). How much higher in percentage terms was America's GDP per capita in 2018?

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Use the bar graph from the World View "GDP per Capita around the World" to answer one question. 63,080 United 47,090 States 44,940 Germany Canada 41,310 Japan 30,600 percent South Korea GDP per Capita (2018) (in U.S. dollars) 21,600 Saudi Arabia 11,124 10,230 9,460 9,180 World average Russia China Mexico 7,480 Cuba 2.020 1,960 India Nigeria 800 790 Haiti Ethiopia In 1980, America's GDP per capita was approximately $30,000 (measured in today's dollars). How much higher in percentage terms was America's GDP per capita in 2018? Instructions: Enter your response as a percentage rounded to one decimal place. Use the following equation to measure percentage change: (New value - Old value) ÷ Old value x 100.
Transcribed Image Text:Use the bar graph from the World View "GDP per Capita around the World" to answer one question. 63,080 United 47,090 States 44,940 Germany Canada 41,310 Japan 30,600 percent South Korea GDP per Capita (2018) (in U.S. dollars) 21,600 Saudi Arabia 11,124 10,230 9,460 9,180 World average Russia China Mexico 7,480 Cuba 2.020 1,960 India Nigeria 800 790 Haiti Ethiopia In 1980, America's GDP per capita was approximately $30,000 (measured in today's dollars). How much higher in percentage terms was America's GDP per capita in 2018? Instructions: Enter your response as a percentage rounded to one decimal place. Use the following equation to measure percentage change: (New value - Old value) ÷ Old value x 100.
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