Suppose that the population growth rate is . A natural disas…

Suppose that the population growth rate is . A natural disaster destroys a large portion of a country’s capital stock. If the saving and depreciation rates are unchanged, the Solow model predicts that the economy will ________ and eventually reach ________

Suppose we compare GDP per person in Botswana and the United…

Suppose we compare GDP per person in Botswana and the United States in two ways: first using the nominal exchange rate and then again using the relative price-based conversion. The GDP per person in Botswana calculated using the exchange rate method is $500 while that calculated using the relative price-based conversion is $1,000. What is the relative price ratio between Botswana and the U.S. (i.e., the price level for Botswana relative to the United States)?  Round your answer to the nearest hundredth.