The accompanying table shows data from the World Bank, World Development Indicators, for real GDP per capita
Question:
a. Complete the table by expressing each years real GDP per capita as a percentage of its 1960 and 2015 levels.
b. How does the growth in living standards from 1960 to 2015 compare across these four nations? What might account for these differences?
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Related Book For
Macroeconomics
ISBN: 978-1319120054
3rd Canadian edition
Authors: Paul Krugman, Robin Wells, Iris Au, Jack Parkinson
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