As an economist working at the International Monetary Fund, you are given the following data for South Africa: predicted per capita GDP, relative to the United States, as given by , is 0.55, and total factor productivity is 0.33. What is the observed per capita GDP, relative to the United States?
A) 0.54
B) 1.68
C) 0.82
D) 0.88
E) 0.18
Correct Answer:
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