Macroeconomics + Economy 2009 Update 18th Edition by Campbell McConnell, Sean Masaki Flynn,Stanley Brue

Exercise 8

GDPS IN THE AMERICAS-HOW DO NATIONS COMPARE Visit the World Bank Web site, www.worldbank.org , and type "GDP" in the search space. Find the latest data for total GDP (not PPP GDP) for the North and South America countries listed. Arrange the countries by highest to lowest GDPs, and express their GDPs as ratios of U.S. GDP. What general conclusion can you draw from your ratios