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-(Table: South Korea's Real GDP per Capita) Use Table: South Korea's Real GDP per Capita. As a percentage of real GDP per capita in 1960, approximately how much did South Korea produce in 2000?

Question

Use the following to answer questions: 
-(Table: South Korea's Real GDP per Capita) Use Table: South Korea's Real GDP per Capita. As a percentage of real GDP per capita in 1960, approximately how much did South Korea produce in 2000?

Quizplus · Accepted Answer

In 1960, South Korea's real GDP per capita was significantly lower than in 2000. If we consider the GDP per capita in 1960 as a base (100%), the growth by 2000 to a level that is approximately 1,011% of the 1960 figure indicates a more than tenfold increase, reflecting substantial economic growth over the 40-year period.

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