Homework Answers
GDP per capita is GDP / population
For country B, GDP per capita is 1800 billion / 615 million
= 1800*1000 million / 615 million
= $2927
Hence the answer is $2927
(For A, C and D, the GDP per capita is $3429, $2944, and $29000)
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the year 2014 for 10
countries. Your task is to fill in the missing columns of the
table.
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That is, compute per capita GDP and capital per person relative to
the U.S. values.
b)In column 5, use the production model (with a capital exponent
of 1/3) to compute
predicted per capita GDP for each...
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