The accompanying table shows data from the Penn World Table, Version 7.1, for real GDP per capita
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Question:
The accompanying table shows data from the Penn World Table, Version 7.1, for real GDP per capita (in 2005 U.S. dollars) for Canada France, Japan, the United Kingdom, and the United States in 1960 and 2010. Complete the table. Have these countries converged economically?
1960 | 1960 | 2010 | 2010 | |
Real GDP per capita (2005 U.S. dollars) | Percentage of U.S. real GDP per capita | Real GDP per capita (2005 U.S dollars | Percentage of U.S. real GDP per capita | |
Canada | $7 084 | $31 299 | ||
France | $2 787 | $31 447 | ||
Japan | $11 141 | $37 104 | ||
United Kingdom | $8 988 | $34 268 | ||
United States | $13 069 | $41 365 |
Related Book For
Macroeconomics
ISBN: 978-1319120054
3rd Canadian edition
Authors: Paul Krugman, Robin Wells, Iris Au, Jack Parkinson
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