The growth of real GDP per person in Australia between 1964 and 2000 was the result of: a. growth in both average labour productivity and the share of population employed b. growth in average labour productivity only c.growth in neither average labour productivity nor the share of population employed d. growth in the share of population employed only

How to calculate Real GDP per person Real GDP per worker Real GDP per hour Capital per worker from the statistics Real GDP, Employment, Hours, Capital and Population

The growth of real GDP per person in Australia between 1964 and 2000 was the result of: a. growth in both average labour productivity and the share of population employed b. growth in average labour productivity only c. growth in neither average labour productivity nor the share of population employed d. growth in the share of population employed only

The government of the country Excel provides a large number of grants for scientists to research new technologies and other processes.  This action would Group of answer choices Increase human capital and economic growth. Reduce productivity as research is less productive than the addition of capital. Promote economic growth through technological advances. Increase productivity through capital deepening.

Suppose country A has a GDP of 4000 with a population size of 200; country B has GDP of 9000 with a population size of 300. Which country is more likely to have a better living standard?

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Brazil’s real GDP was 1,520 trillion reais in 2011 and 1,585 trillion reais in 2012. Brazil’s population was 195 million in 2011 and 196.5 million in 2012. Calculate  a. The growth rate of real GDP b. The growth rate of real GDP per person c. The approximate number of years it takes for real GDP per person to double when the real GDP growth rate and the population growth rate are maintained.

1. Economic growth around the world The following table reports real income per person for several different economies in the years 1960 and 2010. It also gives each economy's average annual growth rate during his period. For example, real income per person in Niger was $945 in 1960, and it actually declined to $570 by 2010. Niger's average annual growth rate during this period was -1.01%, and it was the poorest economy in the table in the year 2010. The real income-per-person figures are denominated in U.S. dollars with a base year of 2005. The following exercises will help you to understand the different growth experiences of these economies. Economy Canada United Kingdom Korea Hong Kong Guatemala Niger Real Income per Person in 1960 Real Income per Person in 2010 (Dollars) (Dollars) 35,810 12,946 11,884 32,034 1,610 28,702 4,518 44,070 1,985 3,859 945 570 Annual Growth Rate (Percent) 2.06 2.00 5.93 4.66 1.34 -1.01