In 1950, Americas GDP per capita was approximately $15,000 (in todays dollars). How much higher in percentage
Question:
In 1950, America’s GDP per capita was approximately $15,000 (in today’s dollars). How much higher in percentage terms is
(a) America’s GDP per capita in 2013 compared to its GDP in 1950?
(b) America’s 1950 GDP per capita compared to
(i) Cuba’s in 2013?
(ii) China’s in 2013?
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Related Book For
The Macro Economy Today
ISBN: 9781259291821
14th edition
Authors: Bradley R. Schiller, Karen Gebhardt
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