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2. Increases in real GDP per capita result mostly from changes
Answer (6 points)
in what variable? Define that variable. What other factor
1 point: Zimbabwe could also lead to increased real GDP per capita? Why is
this other factor not as significant?
1 point: It has a negative average annual growth rate of real GDP per capita.
1 point: It cannot be determined.
1 point: The figure provides data for growth rates, but not for the level of real
GDP per capita. Higher growth rates do not indicate higher levels. Section 7 Economic Growth and Productivity
1 point: China
1 point: A country has to have an average annual growth rate of 7% or higher
for real GDP to at least double in 10 years. China has a growth rate of 8.8%.
module 37 Long-run Economic Growth 375