2. Switzerland has a per capita income of $50,000,
Russia has a per capita income of $20,000, China has a per capita
income of $8,000 and Liberia has a per capita income of $500. (4
points)
a. If the growth rate is 1.5% in Switzerland, 3.5% in Russia, 9%
in China and 20% in Liberia, in which country is there the largest
absolute increase in per capita income (absolute = in
nominal value / in $)? (1 point)
Switzerland
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