Question

In: Economics

Below are data for countries with fast and slow growth rates over two different time periods....

Below are data for countries with fast and slow growth rates over two different time periods. Construct a bar chart for each country in both categories. In other words, you will end up with four different bar charts, two for each of the two categories of the countries representing both time periods.

Country Average Growth Rate of Real GDP 1990–2000 Average Growth Rate of Real GDP 2000–2008
Fast Growth Club (5% or more per year in both time periods)
Cambodia 7.10% 9.10%
China 10.60% 9.90%
India 6.00% 7.10%
Ireland 7.50% 5.10%
Jordan 5.00% 6.30%
Laos 6.50% 6.80%
Mozambique 6.40% 7.30%
Sudan 5.40% 7.30%
Uganda 7.10% 7.30%
Vietnam 7.90% 7.30%
Slow Growth Club (2% or less per year in both time periods)
Central African Republic 2.00% 0.80%
France 2.00% 1.80%
Germany 1.80% 1.30%
Guinea-Bissau 1.20% 0.20%
Haiti –1.5% 0.30%
Italy 1.60% 1.20%
Jamaica 0.90% 1.40%
Japan 1.30% 1.30%
Switzerland 1.00% 2.00%
United States (for reference) 3.20% 2.20%
World Overview
High income 2.70% 2.30%
Low income 3.80% 5.60%
Middle income 4.70% 6.10%

Solutions

Expert Solution

Chart showing Average Growth rate of real GDP (1990-2000) of fast growing countries

Chart showing Average Growth rate of real GDP (2000-2008) of fast growing countries

Chart showing Average Growth rate of real GDP (1990-2000) of slow growing countries

Chart showing Average Growth rate of real GDP (2000-2008) of slow growing countries


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