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Economics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0073511498Economics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0073511498 Exercise 23
Table 20P-5 shows an economy's GDP, population, debt, and GDP per capita for 2013 and 2014.
a. Complete the table by filling in the debt per capita for both years.
b. What is the percentage change from 2013 to 2014 in each of the following? (i) GDP. (ii) Population. (iii) Debt. (iv) GDP per capita. (v) Debt per capita.
c. Which is growing faster-GDP per capita or debt per capita? Why?
a. Complete the table by filling in the debt per capita for both years.
b. What is the percentage change from 2013 to 2014 in each of the following? (i) GDP. (ii) Population. (iii) Debt. (iv) GDP per capita. (v) Debt per capita.
c. Which is growing faster-GDP per capita or debt per capita? Why?
Explanation
Verified
Verified
Given the information:
• GDP of 2013= 1...
Economics 1st Edition by Dean Karlan,Jonathan Morduch
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