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Gdppercentageincrease

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Subject
Economics
School
Long Island University
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Homework
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Economic Growth Problem
Question six asks: “According to Figure 15.4, by what percentage did GDP per capita increase
between 1820 and 1995 in
A. North America? North America’s GDP per capita increased by 1,759.9%.
B. Latin America? Latin America’s GDP per capita increased by 649.7%.
C. Africa? Africa’s GDP per capita increased by 205.2%.
The percentage increase for these continents were found by the following formula: %G =( GPD
2 GDP1 ) / GDP1 *100.

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Economic Growth Problem Question six asks: “According to Figure 15.4, by what percentage did GDP per capita increase between 1820 and 1995 in A. North America? North America’s GDP per capita increased by 1,759.9%. B. Latin America? Latin America’s GDP per capita increased by 649.7%. C. Africa ...
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