Use the Following to Answer Questions

question 209

Essay

Use the following to answer questions :
Figure: Nations A and B
-(Figure: Nations A and
B) Look at the figure Nations A and B. Suppose that in 1960 each nation had $100 of physical capital for each worker and in 2010 each nation had $400 of physical capital per worker. Compute the growth of real GDP per capita for both nations.

---

Definitions:

College Freshman

A student in their first year of study at a college or university.

Short-Term Goals

Objectives that are intended to be achieved in a relatively short period, often serving as stepping stones towards long-term goals.

Medium-Term Goals

Objectives planned to be achieved within a timeframe of one to five years, serving as milestones towards long-term aspirations.

Long-Term Goals

Objectives or achievements that an individual plans to accomplish over an extended period.