Caption Heading Normal to activate an existing subscription. B. Answer two of the following three questions: Explain in detail what you are doing and what assumptions you are making. 1. The 2000 GDP/Capita of India is $500 with a growth rate of 4.1% in inflation adjusted dollars. The GDP/Capita of the US is $36,000 with a growth rate of 1.9%. If we neglect population growth and assume constant growth rates, when will average Indian catch up with average American? 2. Comparison of energy use and cost of electric vehicle and a conventional vehicle (data from the New York Times - May 29, 2011: a. Fuel costs for 100 miles of travel Altima (conventional-Nissan) 27 miles/gallon 3.7 gallons needed to travel 100 miles. $3.85 /gallon (national average at the time the article was written) $14.25 total cost of driving the car (excluding amortization and labor) Leaf (electric-Nissan) 3.3 kilowatts- 7.27 hours needed to charge car for 100 miles 11c/kWh b. Carbon emission b. Carbon emission lectric-Nissan Altima (conventional-Nissan) 90.5lbs of greenhouse gases per 100 miles driven of which 72.8 lbs. from vehicle operation and 17.7 lbs from fuel production. Leaf (electric-Nissan) 63.6 lbs from the following mix of electricity production (US average at the time the article was written): coal -47%; nuclear -21%; natural-gas -20%: Renewable - 11%; oil - 1% Calculate the data in table b. from the data in table a. Caption Heading Normal to activate an existing subscription. B. Answer two of the following three questions: Explain in detail what you are doing and what assumptions you are making. 1. The 2000 GDP/Capita of India is $500 with a growth rate of 4.1% in inflation adjusted dollars. The GDP/Capita of the US is $36,000 with a growth rate of 1.9%. If we neglect population growth and assume constant growth rates, when will average Indian catch up with average American? 2. Comparison of energy use and cost of electric vehicle and a conventional vehicle (data from the New York Times - May 29, 2011: a. Fuel costs for 100 miles of travel Altima (conventional-Nissan) 27 miles/gallon 3.7 gallons needed to travel 100 miles. $3.85 /gallon (national average at the time the article was written) $14.25 total cost of driving the car (excluding amortization and labor) Leaf (electric-Nissan) 3.3 kilowatts- 7.27 hours needed to charge car for 100 miles 11c/kWh b. Carbon emission b. Carbon emission lectric-Nissan Altima (conventional-Nissan) 90.5lbs of greenhouse gases per 100 miles driven of which 72.8 lbs. from vehicle operation and 17.7 lbs from fuel production. Leaf (electric-Nissan) 63.6 lbs from the following mix of electricity production (US average at the time the article was written): coal -47%; nuclear -21%; natural-gas -20%: Renewable - 11%; oil - 1% Calculate the data in table b. from the data in table a
