Does per capita GDP in these countries appear to be converging? No, the countries with the lowest levels of GDP per capita have the lowest rates of growth. O No, the countries with the highest levels of per capita GDP have the lowest rates of growth. Yes, the countries with the lowest levels of per capita GDP have the highest rates of growth. Yes, the countries with the highest levels of per capita GDP have the highest rates of growth. Use the table below to answer the following questions. GDP per capita GDP per capita Country 2013($) Boliv 3,664 Chi 4,102 Ghala 2,007 Artinia 10,860 Plazi 8,603 2018 ($) 4,592 7,519 2,615 15,854 11,239 Which country had the highest level of per capita GDP in 2018? Ghala Chi Boliv Plazi Artinia Which country had the highest rate of growth in per capita GDP from 2015 to 2018? Ghala Plazi Boliv Artinia Chi

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter20: Economic Growth
Section: Chapter Questions
Problem 32P: An economy starts off with a GDP per capita of 5,000. How large will the GDP per capita be if it...
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Does per capita GDP in these countries appear to be converging?
No, the countries with the lowest levels of GDP per capita have the lowest rates of growth.
O No, the countries with the highest levels of per capita GDP have the lowest rates of growth.
Yes, the countries with the lowest levels of per capita GDP have the highest rates of growth.
Yes, the countries with the highest levels of per capita GDP have the highest rates of growth.
Transcribed Image Text:Does per capita GDP in these countries appear to be converging? No, the countries with the lowest levels of GDP per capita have the lowest rates of growth. O No, the countries with the highest levels of per capita GDP have the lowest rates of growth. Yes, the countries with the lowest levels of per capita GDP have the highest rates of growth. Yes, the countries with the highest levels of per capita GDP have the highest rates of growth.
Use the table below to answer the following questions.
GDP per capita
GDP per capita
Country
2013($)
Boliv
3,664
Chi
4,102
Ghala
2,007
Artinia
10,860
Plazi
8,603
2018 ($)
4,592
7,519
2,615
15,854
11,239
Which country had the highest level of per capita GDP in 2018?
Ghala
Chi
Boliv
Plazi
Artinia
Which country had the highest rate of growth in per capita GDP from 2015 to 2018?
Ghala
Plazi
Boliv
Artinia
Chi
Transcribed Image Text:Use the table below to answer the following questions. GDP per capita GDP per capita Country 2013($) Boliv 3,664 Chi 4,102 Ghala 2,007 Artinia 10,860 Plazi 8,603 2018 ($) 4,592 7,519 2,615 15,854 11,239 Which country had the highest level of per capita GDP in 2018? Ghala Chi Boliv Plazi Artinia Which country had the highest rate of growth in per capita GDP from 2015 to 2018? Ghala Plazi Boliv Artinia Chi
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