What is the average gdp per capita

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Reference no: EM131832606

Now let's look at the productivity of the world's least productive 80%.

a. How much GDP do they produce? (Hint: You've already calculated this number in the previous question.)

b. What is the average GDP per capita of the least productive 80% of the world's population?

c. Now, the payoff: How productive is the average person in the top 20% compared with the average person in the bottom 80% of the planet?

Answer this by dividing your answer to question by your answer to question. This chapter and the next are devoted to explaining why this ratio is so large.

Reference no: EM131832606

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