10. The accompanying table shows data from the World Bank, World Development Ind

Question

10. The accompanying table shows data from the World Bank, World Development Indicators for real GDP per capita (2010 U.S. dollars) for Argentina, Ghana, South Korea, and the United States in 1960 and 2015. For each country in 1960 and 2015, calculate real GDP per capita as a percentage of U.S. real GDP per capita. Round Argentina answers to one place after the decimal point. 1960 2015 Real GDP Percentage Real GDP Percentage per capita of U.S. real per capita of U.S. real (2010 GDP per (2010 GDP per dollars)capitadollars) capita $5.853 $12,128 1.696 25,023 Ghana 1,053 South Korea 1,103 United States 17,037 | 100.0% | 51,486 | 100.0% V Scroll Argentina, 1960: % Argentina, 2015 about us careers privacy policy terms ofuse contact ushelp

Explanation / Answer

1960 2015 Real GDP % of US Real GDP % of US Per capita Real GDP Per capita Real GDP Argentina 5853 34.35% 12128 23.56% Ghana 1053 6.18% 1696 3.29% South Korea 1103 6.47% 25023 48.60% United States 17037 100.00% 51486 100.00% Argentina 1960 34.35% Argentina 2015 23.56% Ghana 1960 6.18% Ghana 2015 3.29% South Korea 1960 6.47% South Korea 2015 48.60% SOUTH KOREA has converged economically towards US

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