ECON202assignment1 - ECON 202 SPRING 2009 Malhar Nabar...

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ECON 202, SPRING 2009 Malhar Nabar Assignment # 1 Assigned: February 9 Due: In class, Thursday February 19 Note : There are °ve questions in total. You may consult with other students, but please turn in your own individual answer sheet with the names of all group members listed on the front page. 1. Cross Country Income Data Consult the Penn World Tables cross country income data available at < http://pwt.econ.upenn.edu/php_site/pwt61_form.php > . Refer to the following series: (a) Real GDP per capita (Chain Series: rgdpch) and (b) Real GDP per worker (Chain Series: rgdpwok). For the following group of countries GROUP A: Nigeria, Pakistan, Paraguay, Rwanda, Uganda; and GROUP B: Luxembourg, New Zealand, Norway, UK, USA calculate a. The ratio of the average GDP per capita for GROUP B relative to the average GDP per capita for GROUP A in 1965 b. The ratio of the average GDP per worker for GROUP B relative to the average GDP per worker for GROUP A in 1965 c. The ratio of the average GDP per capita for GROUP B relative to the average GDP per
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