Wednesday, September 17, 2014

Wednesday September 17th

Warm-Up #5 (If you were absent, please review this information; if you were in class, you have already earned credit for this one!)
Background
What is the per capita income of the United States?
What is the population of the United States?
What is the per capita income of China?
What is the population of China?
What is GDP?
Write-Up
How can you use the information above to create a "rough" measure of GDP?
How do the US and China compare in terms of per capita income and GDP?
What is the annual salary of a person in the US who earns minimum wage?


You have a unit test tomorrow. Please study up!

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