Activity 2: Country snapshots (see Jones chapter 1 question 3)

Download the file snapshots.pdf from http://web.stanford.edu/~chadj/snapshots.html

a) What was the ratio of per capita income in each of the following countries to that in the United States in 2020: Ethiopia, Mexico, India, and Japan?

b) Which country had the faster average annual growth rate of per capita GDP between 1960 and 2020, Botswana or China?

c) rank these countries in order of population: Bangladesh, Brazil, Indonesia, Nigeria, Russia, and the United

d) Which is larger as a share of GDP in most rich countries, investment or government purchases? What about in most poor countries?