Question

6.

Use the table below to answer the following questions. Country Bolivia China Ghana Argentina Brazil GDP per capita 2005 ($) 3,664 4,102 2,007 10,860 8,603 GDP per capita 2010 ($) 4,592 7,519 2,615 15,854 11,239 Which of the countries had the highest level of per capita income in 2010? China. O Bolivia Ghana. Argentina. Brazil. Which country had the highest rate of income growth from 2005 to 2010? Ghana. Brazil China. Bolivia Argentina

Answer 1

1. Ans: Argentina

Explanation:

From table it is seen that Argentina has highest level of per capita income in 2010.

2. Ans: China

Explanation:

Growth rate in china from 2005 to 2010 = [(7519 - 4102) / 4102] * 100 = 83.30%

Similar calculation is done for other countries in the table.

Country	GDP per capita 2005 ($)	GDP per capita 2010 ($)	Growth rate from 2005 to 2010 (%)
Bolivia	3664	4592	25.33%
China	4102	7519	83.30%
Ghana	2007	2615	30.29%
Argentina	10860	15854	45.99%
Brazil	8603	11239	30.64%

3. Ans: No, the countries with the lowest income levels do not have faster growth.

Explanation:

Principle of convergence states that countries with low per capita incomes will tend to grow at faster rates than the countries with high per capita incomes. This principle is not followed in here as shown in the table,