Question
The accompanying table shows data from the Penn World Table, Version 7.1, for real GDP per capita (in 2005 U.S. dollars) for Canada France, Japan,
The accompanying table shows data from the Penn World Table, Version 7.1, for real GDP per capita (in 2005 U.S. dollars) for Canada France, Japan, the United Kingdom, and the United States in 1960 and 2010. Complete the table. Have these countries converged economically?
1960 | 1960 | 2010 | 2010 | |
Real GDP per capita (2005 U.S. dollars) | Percentage of U.S. real GDP per capita | Real GDP per capita (2005 U.S dollars | Percentage of U.S. real GDP per capita | |
Canada | $7 084 | $31 299 | ||
France | $2 787 | $31 447 | ||
Japan | $11 141 | $37 104 | ||
United Kingdom | $8 988 | $34 268 | ||
United States | $13 069 | $41 365 |
Step by Step Solution
3.33 Rating (150 Votes )
There are 3 Steps involved in it
Step: 1
Aus the Canada France Japan UK USA table is 1960 1960 2010 2010 Real GDP per Pe...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get StartedRecommended Textbook for
Macroeconomics
Authors: Paul Krugman, Robin Wells, Iris Au, Jack Parkinson
3rd Canadian edition
1319120083, 1319120085, 1319190111, 9781319190118, 978-1319120054
Students also viewed these Accounting questions
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
View Answer in SolutionInn App