Hypothetical data is given for the following countries. Calculate real growth per capita in the following countries: nstructions: Enter your responses rounded to one decimal place. If you are entering a negative number, be sure to include a negative sign (-) in front of the number. a. Democratic Republic of Congo: population growth = 2.8 percent; real output growth=-1.6 percent. Real growth per capita: % b. Estonia: population growth-(0.6) percent; real output growth = 4.5 percent. Real growth per capita: [ % c. India: population growth-1.7 percent; real output growth 5.9 percent. Real growth per capita: % d. United States: population growth = 0.7 percent; real output growth = 2.8 percent. Real growth per capita: %

You learned that convergence is a pattern in which economies with low per capita income grows faster than economies with high per capita incomes. In this context, there are arguments pro and against convergence. Based on the figure below, choose the correct answer for the blanks: Technology 3 Technology 2 Output per Capita G₁ G₂ G₁ R S T V W Technology 1 C₁ C₂ C₂ Capital (physical and human) Capital deepening and new technology text only. One of the arguments that favors convergence is based on the idea of the diminishing marginal returns of capital deepening that is illustrated when the economy moved from point R to point U to point W However, the argument that convergence is neither inevitable nor likely argues that the development of new technologies can sidestep the diminishing marginal returns of capital deepening, so that the economy could move from point U to W from point S to point T , and then

Calculate the average annual growth rate using the information in the table below. Round to two decimal places.  Year Growth rate  2017         3.2%  2018        2.7%  2019        0.5%  2020        1.8%

The table below lists GDP and GDP growth rates for the countries of Cortania, Microtania, and Boxtown. Fill in the final column, which asks for the GDP in each country 13 years later. Country GDP in $ billions GDP annual growth rate (%) Cortania Microtania Boxtown 10600.00 44000.00 48100.00 3 2 4.5 Gl