Business, 21.02.2020 05:28 lilfofo9

In 1900 GDP per capita in Japan (measured in year 2005 dollars) was $1,617. In 2000 it was $29,639. Calculate the average annual growth rate of income per capita in Japan over this period. Now suppose that Japan grew at the same annual rate from 2001 to 2010. What would Japanese GDP per capita have been in the year 2010?

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In 1900 GDP per capita in Japan (measured in year 2005 dollars) was $1,617. In 2000 it was $29,639....