Economics Today: Macro View (Looseleaf)
Economics Today: Macro View (Looseleaf)
18th Edition
ISBN: 9780133916492
Author: Miller
Publisher: PEARSON
Question
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Chapter 9, Problem 8P
To determine

The Real GDP per capita would a person in China be earning 10 years from now than the individual in Mozambique.

Concept introduction:

Real GDP per capita is the measurement of total economic output of any country divided by the population of that country. It is adjusted for inflation and is helpful in comparing the standard of living between two or more countries and also between two periods of time of the same country. It indicates the economic growth rate of the country.

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