The accompanying table shows data from the Penn World Table, Version 7.0, for real GDP per capita

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The accompanying table shows data from the Penn World Table, Version 7.0, for real GDP per capita (2005 U.S. dollars) for Argentina, Ghana, South Korea, and the United States in 1960 and 2009. Complete the table.

Have these countries converged economically?

1960 2009 Real GDP per capita

(2005 dollars)

Percentage of U.S.

real GDP per capita Real GDP per capita

(2005 dollars)

Percentage of U.S.

real GDP per capita Argentina $6,243 ? $11,961 ?

Ghana 603 ? 1,239 ?

South Korea 1,782 ? 25,029 ?

United States 15,438 ? 41,102 ?

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Essentials Of Economics

ISBN: 9781429278508

3rd Edition

Authors: Paul Krugman, Robin Wells, Kathryn Graddy

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Question Posted: Oct 02, 2024 06:00 AM

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The accompanying table shows data from the Penn World Table, Version 7.0, for real GDP per capita

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Essentials Of Economics

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