ezto 8 625 points Refer to the table below GOP 11 10 02 05 2

ezto. 8· 625 points Refer to the table below GOP 1.1 1.0 0.2 0.5 2.0 United States 1.1 0.9 1.0 1.5 10.1 6.3 4.7 0.8 0.9 7.9 China 1.6 ndia 2.8 2.0 1.8 7.5 West Bank/Gaza Zimbabwe 0.7 0.9 7.5 1.1 4.7 8.4 0.9 By how much does total output (GDP) have to grow in order Instructions: Enter your responses rounded to one decimal place. (a) China to raise per capita GDP in the following countries? GDP must grow by more than (b) Ethiopia GDP must grow by more than 20

Solution

a) China\'s GDP must grow by more than 0.8% to raise its per Capita gdp.

b ) Ethiopia\'s gdp must grow by more than 2.8% to raise per capita gdp.