5. Suppese that in 1960 Jpan had an initial per capite GDP of $12,000 per year and China had a per capita GOP of 55.00. Dut Chine is grewing at 5 percent per yer and iepan is yrowing ot 3 percent per year. a richer in 2010 with e per capita GDP of aporoni mately. a lapan $5.000 a. lapen S31.500 China, $5,000 a Chinas $78,500 • Not enough information is given.
5. Suppese that in 1960 Jpan had an initial per capite GDP of $12,000 per year and China had a per capita GOP of 55.00. Dut Chine is grewing at 5 percent per yer and iepan is yrowing ot 3 percent per year. a richer in 2010 with e per capita GDP of aporoni mately. a lapan $5.000 a. lapen S31.500 China, $5,000 a Chinas $78,500 • Not enough information is given.
Chapter20: Economic Growth In The Global Economy
Section: Chapter Questions
Problem 4P
Related questions
Question
![15. Suppese that in 1960 Japan had an initial per capita GDP of $12.000 per year and China had a per capita
GOP of 55.000. But China is grewing at 5 percent per year and iapan is growing at 3 percent per year.
ia richer in 2010 with a per capita GDP of eporoni mately
a lapan $5.000
a. China: $73,500
a. lapen: $31,500
. Not enough information is given.
e China $5,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd4e94df0-a904-4eec-878e-91cd2dc96075%2Fc6b6095a-858f-463e-b847-08a2ed012f7f%2Ftvk19t_processed.jpeg&w=3840&q=75)
Transcribed Image Text:15. Suppese that in 1960 Japan had an initial per capita GDP of $12.000 per year and China had a per capita
GOP of 55.000. But China is grewing at 5 percent per year and iapan is growing at 3 percent per year.
ia richer in 2010 with a per capita GDP of eporoni mately
a lapan $5.000
a. China: $73,500
a. lapen: $31,500
. Not enough information is given.
e China $5,000
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