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Based on the evidence from the following table, focus on the information on per capita GDP growth and individual wellbeing. a. Are the calculations presented
Based on the evidence from the following table, focus on the information on per capita GDP growth and individual wellbeing.
a. Are the calculations presented in this table correct? Explain. (Hint: if some information is missing for answering part of the question explain what is missing.)
b. Are the conclusions derived by comparing these two measures over time are similar? Explain . Approximate length: 7 lines Note that "Tshs" is the currency in Tanzania expressed in 2001 prices.
/Tanzania mainland, 2001 2007 % change 2001 prices/ Real GDP, bn Tshs 8,515 12,875 51.2 GDP/capita/month, 18,965 25,795 29.9 Tshs Household 8,897 9,109 2.4 consumption (from Household Budget Survey)/cap/mth, Tshs Headcount poverty 35.7 38.4 rate (national definition)Step by Step Solution
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