Microeconomics
21st Edition
ISBN: 9781259915727
Author: Campbell R. McConnell, Stanley L. Brue, Sean Masaki Flynn Dr.
Publisher: McGraw-Hill Education
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Question
Chapter 19, Problem 12DQ
To determine
The gross domestic product and the environmental performance index.
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Annual growth in RGDP per capita in China has slowed in recent years due to the pandemic lockdown and now the real estate crisis. Assume GDP per capita was 12.5 trillion (S) in 2015 and is 16.5 trillionin 2023. What is the annual rate of growth in RGDP per capita between 2015 and 2023?
A 8.5%
в 4.7%
с 2.5%
D 3.5%
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In the year 2014, the world's average per capita GDP was $14,517. What percent of the world's population
lived in a country with per capita GDP that was below $14,517?
O 21%
43%
56%
OOOO
73%
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Roughly what percent of the world's population live in countries with per capita GDP lower than the average
world per capita GDP?
75%
50%
© 25%
C
10%
The nominal U.S. GDP per capita was about $23,954 in 1990 and $48,375
in 2010. The GDP deflator of 2010 against 1990 was about 1.5159. What is
the average annual growth rate of real GDP per capita during 1990-2010
approximately?
O 1.44%
O 2.33%
O 2.02%
O 1.98%
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