Question

A) If Haiti’s per capita GDP of roughly $810 were to DOUBLE every decade, what would Haiti’s per capita GDP be in 50 years?

b) What is U.S. per capita GDP in the "World View" above?

Answer 1

A. Since Haiti’s GDP doubles every decade (10 years), therefore after 50 years (5 decades) it would be:

GDP after 5 decades = $810 * 2 * 2 * 2 * 2 * 2 = $25,920

B. According to the World View, the U.S. per capita GDP was $53,670 in 2013