Real GDP Real GDP Real GDP per capita per capita per capita $20,000 $14,000 $10,000 18,000 9,000 South Korea 12,000 Botswana 16,000 Argentina 8,000 14,000 10,000 7,000 12,000 6,000 8,000 10,000 Chile 5,000 6,000 8,000 4,000 6,000 4,000 3,000 Zimbabwe 4,000 2,000 North Korea 2,000 2,000 1,000 1950 1960 1970 1980 1990 2000 1950 1960 1970 1980 1990 2000 1950 1960 1970 1980 1990 2000 a. According to the figure, which country in each pair experienced faster growth in GDP per capita from 1980 to 2000? North Korea Argentina Botswana South Korea Chile Zimbabwe Feenstra/Taylor, International Economics, 5e © 2021 Worth Publishers
Real GDP Real GDP Real GDP per capita per capita per capita $20,000 $14,000 $10,000 18,000 9,000 South Korea 12,000 Botswana 16,000 Argentina 8,000 14,000 10,000 7,000 12,000 6,000 8,000 10,000 Chile 5,000 6,000 8,000 4,000 6,000 4,000 3,000 Zimbabwe 4,000 2,000 North Korea 2,000 2,000 1,000 1950 1960 1970 1980 1990 2000 1950 1960 1970 1980 1990 2000 1950 1960 1970 1980 1990 2000 a. According to the figure, which country in each pair experienced faster growth in GDP per capita from 1980 to 2000? North Korea Argentina Botswana South Korea Chile Zimbabwe Feenstra/Taylor, International Economics, 5e © 2021 Worth Publishers
Chapter1: Making Economics Decisions
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