Question

In 2015, the world’s total output (real GDP) wIn 1960, America’s GDP per capita was approximately $17,000 (measured in today’s dollars). How much higher in percentage terms was America’s GDP per capita in 2015

Answer 1

Answer: GDP per capita Percentage increase = 232.02%

Explanation:

1960 GDP per capita measured in today's dollars (US) ≈ $17000

2015 GDP per capita (US) = $56443.82

Percentage increase = (56443.82 - 17000)/17000 = 2.320224706 =

GDP per capita Percentage increase = 232.02%

Answer 2

Answer:

232.02

Explanation: