Average Growth Rate (2000-2009) of Per capita GDP 0.9 0.9 GDP Population High-in

Question

Average Growth Rate (2000-2009) of Per capita GDP 0.9 0.9 GDP Population High-income countries United States Canada 2.0 apan France 0.2 0.5 Low-income countries China India 10.1 6.3 4.7 0.7 1.1 4.7 10.9 0.8 7.9 Ethiopia Burund Haiti 7.5 2.7 0.7 0.9 2.8 2.0 1.8 3.8 0.9 est Bank/Gaza imbabwe By how much does total output (GDP) have to grow in order to raise per capita GDP in the following countries? Instructions: Enter your responses rounded to one decimal place (a) China GDP must grow by more tharn (b) Ethiopia GDP must grow by more than

Explanation / Answer

In order to raise per capita GDP, countries need to grow GDP by more than the population growth

a) For China

GDP must grow = rate of population

= 0.8

So, China needs to grow by more than 0.8 percent

b) For Ethiopia

= 2.8 per cent

So, Ethiopia needs to grow by more than 2.8 percent

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