2. Briefly comment (80 words or less) on the trend, and how these four series differ. Real GDP per Capita Real GDP per capitafor the US, European Union, China and Other (aggregate for Canada, UK, Japan and Australia over 26 Years (1996-2021) 70,000.00 60,000.00 50,000.00 40,000.00 30,000.00 20,000.00 10,000.00 0.00 1996 1997 1998 1999 2000 2001 2002 2004 2003 2005 2006 2007 2008 2009 Years 2010 2011 2012 2018 2019 REAL GDP PER CAPITA US -REAL GDP PER CAPITA EU -REAL GDP PER CAPITA CHINA-REAL GDP PER CAPITA OTHER 2020 2021 Horizontal (Category) Axis

Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter15: Measuring A Nation's Income
Section: Chapter Questions
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2. Briefly comment (80 words or less) on the trend, and how these four series differ.
per Capita
Real GDP
Real GDP per capitafor the US, European Union, China and
Other (aggregate for Canada, UK, Japan and Australia over 26
Years (1996-2021)
70,000.00
60,000.00
50,000.00
40,000.00
30,000.00
20,000.00
10,000.00
0.00
1996
1997
L
1998
1999
2000
2001
2002
2003
2004
2005
2006
REAL GDP PER CAPITA US
REAL GDP PER CAPITA CHINA
2007
2008
2009
2010
2011
Years
2012
2013
2014
2015
2017
2016
2018
REAL GDP PER CAPITA EU
REAL GDP PER CAPITA OTHER
2019
2021
2020
Horizontal (Category) Axis
Transcribed Image Text:2. Briefly comment (80 words or less) on the trend, and how these four series differ. per Capita Real GDP Real GDP per capitafor the US, European Union, China and Other (aggregate for Canada, UK, Japan and Australia over 26 Years (1996-2021) 70,000.00 60,000.00 50,000.00 40,000.00 30,000.00 20,000.00 10,000.00 0.00 1996 1997 L 1998 1999 2000 2001 2002 2003 2004 2005 2006 REAL GDP PER CAPITA US REAL GDP PER CAPITA CHINA 2007 2008 2009 2010 2011 Years 2012 2013 2014 2015 2017 2016 2018 REAL GDP PER CAPITA EU REAL GDP PER CAPITA OTHER 2019 2021 2020 Horizontal (Category) Axis
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