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Other Fields Homework Help Economics Topic started by: Loraine on Jun 21, 2015



Title: Belgium's real GDP per person is $33,000 and Austria's is $34,700. The population growth rate in Bel
Post by: Loraine on Jun 21, 2015
Belgium's real GDP per person is $33,000 and Austria's is $34,700. The population growth rate in Belgium is 0.13 percent and the growth rate of real GDP is 3.0 percent. The population growth rate in Austria is 0.08 percent and the growth rate of real GDP is 3.3 percent. If these growth rates continue, how many years will it take for Belgium's real GDP per person to equal Austria's real GDP per person?
A) Belgium's standard of living will never equal Austria's.
B) just over 23 years
C) just over 24 years
D) just over 21 years
E) over 230 years


Title: Re: Belgium's real GDP per person is $33,000 and Austria's is $34,700. The population growth rate in
Post by: Smoooth on Jul 13, 2015
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Title: Re: Belgium's real GDP per person is $33,000 and Austria's is $34,700. The population growth rate in Bel
Post by: Smoooth on Aug 31, 2015
Don't mention it :-]


Title: Re: Belgium's real GDP per person is $33,000 and Austria's is $34,700. The population growth rate ...
Post by: Jacob Heiniger on Oct 11, 2020
thanks