If France’s per capita GDP was $5,000 in 1950 and Portugal’s was $2,500 but Portugal is growing faster, the expectation that some time in the future, Portugal’s per capita GDP would equal the GDP of France is called economicQuestion 11AnswerSelect one:a.justice.b.divergence.c.convergence.d.dynamics.e.growth.

TELL ME DIFFERENCE BETWEEN GDP AND ECONOMIC GROWTH

If real GDP per capita was $10,000 in 1990 and $15,000 in 2000, then the amount of economic growth isПитання 9Виберіть одну відповідь:a.50 percentb.3.3 percentc.5.0 percentd.0.5 percent

Economic Growth

What is per capita GDP?

Economic growth isПитання 7Виберіть одну відповідь:a.shared equally among the populationb.critical in determining the standard of living in a nationc.measured by the number of businesses in the economyd.measured by the amount of government spending