a. Democratic Republic of Congo: population growth = 2.7 percent; real output growth = - 1.5 percent.     %.         b. Estonia: population growth = - 0.5 percent; real output growth = 4.4 percent.     %.         c. India: population growth = 2.2 percent; real output growth = 6.3 percent.     %.        d. United States: population growth = 0.6 percent; real output growth = 2.7 percent.

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter16: Economic Growth
Section: Chapter Questions
Problem 3E
icon
Related questions
Question

Calculate real growth per capita in the following countries:

Instructions: Round your answers to 1 decimal place. If you are entering a negative number be sure to include a negative sign (-) in front of the number.

a. Democratic Republic of Congo: population growth = 2.7 percent; real output growth = - 1.5 percent.

    %.
       
b. Estonia: population growth = - 0.5 percent; real output growth = 4.4 percent.

    %.
       
c. India: population growth = 2.2 percent; real output growth = 6.3 percent.

    %.
      
d. United States: population growth = 0.6 percent; real output growth = 2.7 percent.

    %.

Note:-

  • Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.
  • Answer completely.
  • You will get up vote for sure.
Expert Solution
steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Growth Rate of GDP
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
Economics:
Economics:
Economics
ISBN:
9781285859460
Author:
BOYES, William
Publisher:
Cengage Learning
Economics: Private and Public Choice (MindTap Cou…
Economics: Private and Public Choice (MindTap Cou…
Economics
ISBN:
9781305506725
Author:
James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:
Cengage Learning
Macroeconomics: Private and Public Choice (MindTa…
Macroeconomics: Private and Public Choice (MindTa…
Economics
ISBN:
9781305506756
Author:
James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:
Cengage Learning
Exploring Economics
Exploring Economics
Economics
ISBN:
9781544336329
Author:
Robert L. Sexton
Publisher:
SAGE Publications, Inc
Economics (MindTap Course List)
Economics (MindTap Course List)
Economics
ISBN:
9781337617383
Author:
Roger A. Arnold
Publisher:
Cengage Learning
Macroeconomics
Macroeconomics
Economics
ISBN:
9781337617390
Author:
Roger A. Arnold
Publisher:
Cengage Learning