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Growth rates of per capita GDP: Compute the average annual growth rate of per capita GDP in the each of the cases below. The levels are provided for 1980 and 2010, measured in constant 2005 dollars.
1980 2010
United States 24952 41365
Canada 23583 37104
Germany 21683 34089
France 21441 31299
Italy 19554 28377
Japan 18749 31447
United Kingdom 16649 34268
Ireland 14642 34877
Mexico 10208 11939
Brazil 6960 8324
Indonesia 1500 3966
Kenya 1141 1247
India 1028 3477
China 563 7130
Ethiopia 466 680
q.assume that over the short run say the next five years demand for opec oil is given by q 57.5 -.5p or equivalently p
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