Analyzing the economic growth


Assignment:

Answer the following question (200 words minimum). In this forum, you will not be able to see your peers' posts until after you post.

Why do economists use real GDP per capita when analyzing economic growth? Visit The World Bank website (https://data.worldbank.org/country) and pick three countries to analyze. Calculate the real GDP per capita given the GDP and population data. Click on "DATABANK" (red tab under World Development Indicators) and report the GDP growth (annual %). Use the growth rate and Rule of 72 to determine how many years it will take for real GDP per capital to double. Share your thoughts about the results.

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Microeconomics: Analyzing the economic growth
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