The IMF projects that Chinas real GDP per person will be 15,040 yuan in 2015 and 16,010
Question:
The IMF projects that China’s real GDP per person will be 15,040 yuan in 2015 and 16,010 yuan in 2016 and that India’s real GDP per person will be 54,085 rupees in 2015 and 56,840 rupees in 2016. By maintaining their current growth rates, which country will be first to double its standard of living?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 81% (11 reviews)
Solution The IMF projects that Chinas real GDP per person will be 15040 yuan in 2015 and 16010 ...View the full answer
Answered By
James Warinda
Hi! I’m James Otieno and I'm an experienced professional online tutor with countless hours of success in tutoring many subjects in different disciplines. Specifically, I have handled general management and general business as a tutor in Chegg, Help in Homework and Trans tutor accounts.
I believe that my experience has made me the perfect tutor for students of all ages, so I'm confident I can help you too with finding the solution to your problems. In addition, my approach is compatible with most educational methods and philosophies which means it will be easy for you to find a way in which we can work on things together. In addition, my long experience in the educational field has allowed me to develop a unique approach that is both productive and enjoyable.
I have tutored in course hero for quite some time and was among the top tutors awarded having high helpful rates and reviews. In addition, I have also been lucky enough to be nominated a finalist for the 2nd annual course hero award and the best tutor of the month in may 2022.
I will make sure that any student of yours will have an amazing time at learning with me, because I really care about helping people achieve their goals so if you don't have any worries or concerns whatsoever you should place your trust on me and let me help you get every single thing that you're looking for and more.
In my experience, I have observed that students tend to reach their potential in academics very easily when they are tutored by someone who is extremely dedicated to their academic career not just as a businessman but as a human being in general.
I have successfully tutored many students from different grades and from all sorts of backgrounds, so I'm confident I can help anyone find the solution to their problems and achieve
0.00
0 Reviews
10+ Question Solved
Related Book For
Microeconomics Canada In The Global Environment
ISBN: 9780321931184
9th Edition
Authors: Robin Bade, Michael Parkin
Question Posted:
Students also viewed these Business questions
-
By maintaining their current growth rates, which country will double its 2010 standard of living first? Chinas real GDP per person was 9,280 yuan in 2009 and 10,110 yuan in 2010. Indias real GDP per...
-
Chinas trend growth rate of real GDP per person was 2.2 percent a year before 1980 and 8.7 percent a year after 1980. In the year to August 2009, Chinas output increased by 11.3 percent. Distinguish...
-
Explain why sustained growth of real GDP per person can transform a poor country into a wealthy one.
-
The figure shows a rotating wheel with radius 40 cm and a connecting rod AP with length 1.2 m. The pin P slides back and forth along the -axis as the wheel rotates counterclockwise at a rate of 360...
-
How does the grapevine work in organizations?
-
Colton Dry Cleaners has determined the following about its costs: Total variable expenses are $42,000, total fixed expenses are $30,000, and the sales revenue needed to break even is $50,000....
-
Sessions Athletic Gear borrowed \($5,000,000\) from its parent, PF Consolidated Inc., at an interest rate of 5%. The loan was made on September 30, 2016, with interest due semiannually on March 31...
-
You have just been hired as a management trainee by Cravat Sales Company, a nationwide distributor of a designer's silk ties. The company has an exclusive franchise on the distribution of the ties,...
-
El emisor de una opcin de compra tieneA) el derecho a vender un valor por un precio determinado.B) la obligacin de vender un valor a un precio determinado.C) la obligacin de comprar un valor 1 answer
-
In the circuit of Fig. 3.13, find the power absorbed by each of the five elements in the circuit. Answer: (CW from left) 0.768 W, 1.92 W, 0.2048 W, 0.1792 W, -3.072 W Can anyone explain me how to get...
-
What are labour productivity and potential GDP in 2014? The first table describes an economys labour market in 2014 and the second table describes its production function in 2014. Real wage rate...
-
Brazils real GDP was 1,180 trillion reais in 2013 and 1,202 trillion reais in 2014. Brazils population was 198 million in 2013 and 200 million in 2014. Calculate: a. The growth rate of real GDP. b....
-
An investment that costs $60,000 will return $25,000 per year for five years. Determine the net present value of the investment if the required rate of return is 14 percent. (Ignore taxes.) Should...
-
Let 0 = 600. Find the reference angle for 0. Use the reference angle to draw and label the reference triangle in the appropriate quadrant of the coordinate plane. Use the reference triangle to...
-
On October 5, 2023, Diamond in the Sheffield Recruiting Group Inc.'s board of directors decided to dispose of the Blue Division. A formal plan was approved. Diamond derives approximately 70% of its...
-
QUESTION 5 You are the financial controller of Chancer plc, a company that prepares its financial statements to 31 December each year. The following issues need to be resolved before the financial...
-
Bed & Bath, a retailing company, has two departments-Hardware and Linens. The company's most recent monthly contribution format income statement follows: Sales Variable expenses. Contribution margin...
-
Given the equation: \( 3 x+2 y=5 \), Write an equation that is parallel to the line passing through the point \( (-1,6) \) and a second equation that is perpendicular to the line passing through the...
-
Sun trek, based in China, is a global supplier of denim jeans for apparel companies around the world. They purchase raw cotton from producers in Arkansas, Mississippi, and Texas, where it is picked,...
-
A 6-lb shell moving with a velocity ?? v0k explodes at point D into three fragments which hit the vertical wall at the points indicated. Fragments A, B, and C hit the wall 0.010 s, 0.018 s, and 0.012...
-
Statistics Canada reported that in July 2000, the Canadian labor force was 15.95 million, Canadian employment was 14.87 million, and the Canadian working-age population was 24.31 million. Calculate...
-
Using the factors that influence the natural unemployment rate, explain what could cause the natural unemployment rate to increase.
-
A Consumer Expenditure Survey in the city of Firestorm shows that people consume only firecrackers and bandages. In 2010, the year of the survey and also the reference base year, the average...
-
A hotel renovation company has recently accepted an extensiverenovation project in downtown Raleigh, NC. The project manager haslisted the following paths after creating and analyzing anactivity-on 2...
-
Audiophonics Limited manufactures and sells high quality and durable ear buds for use with personal electronics that are custom moulded to each customer's ear. Cost data for the product follow...
-
You must evaluate the purchase of a proposed spectrometer for the R&D department. The purchase price of the spectrometer including modifications is $250,000, and the equipment will be fully deprec...
Study smarter with the SolutionInn App