Refer to the World View below GDP per Capita around the Worl

Refer to the \"World View\" below GDP per Capita around the World The American standard of living Is nearty tve times higher than the average for the rest of the world. People In the poorest nations of the world (e.g. Haltl, Ethlopla) barely survlve on per caplta Incomes that are a tiny fraction of u.S, standards. Source: The World Bank www.worldbank.org, 53,670 GDP per Caplta (2013) 52,200 46,140 2250 26.200 25,920 13 860

Solution

Solution:-

(A) Answer - $25920

Reason - if Haltis per capita is $810 now it will become $1620 after 10 yrs , $3240 after 20 years, $6480 after 30 years, $12960 after 40 years and $25920 after 50 years.

(B) Answer - $53670