Principles of Economics (12th Edition)
12th Edition
ISBN: 9780134078779
Author: Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher: PEARSON
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Chapter 35, Problem 3.1P
To determine
Calculate the percentage changes in per capita
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Students have asked these similar questions
What are the different indicators-other than per capita GDP (PCI)-which economists in recent decades have been using to compare the levels of economic development across countries in 1800?
High-income countries
United States
Canada
Japan
France
Middle-income countries i
China
India
Libya
Low-income countries
Burundi
Haiti
Ethiopia
Average Growth Rate (2000-2018) of
GDP
Population.
1.7
1.9
0.7
1.1
9.5
6.8
-1.2
3.1
1.4
9.8
0.8
1.0
0.0
0.6
0.5
1.4
1.2
3.1
1.5
2.8
Per Capita GDP
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. Japan: $[
b. Haiti: S
What factors are generally considered responsible for GDP growth in developed countries? Have the factors responsible for growth been the same in all developed countries?
Chapter 35 Solutions
Principles of Economics (12th Edition)
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