In 1950, Americas GDP per capita was approximately $15,000 (in todays dollars). How much higher in percentage

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In 1950, America’s GDP per capita was approximately $15,000 (in today’s dollars). How much higher in percentage terms is

(a) America’s GDP per capita in 2013 compared to its GDP in 1950?

(b) America’s 1950 GDP per capita compared to

(i) Cuba’s in 2013?

(ii) China’s in 2013? 

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Related Book For  book-img-for-question

The Macro Economy Today

ISBN: 978-1259291821

14th edition

Authors: Bradley R. Schiller, Karen Gebhardt

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