2
answers
0
watching
342
views
18 Aug 2020
The following table gives nominal GDP and the price index for two years.
YEAR
NOMINAL GDP
REAL GDP
POPULATION
2010
5600
4667
100
2011
6440
5031
105
From the table, determine the per capita real GDP for each year, the growth rate of real GDP between 2010 and 2011, and the growth rate of per capita real GDP.
The following table gives nominal GDP and the price index for two years.
YEAR | NOMINAL GDP | REAL GDP | POPULATION |
2010 | 5600 | 4667 | 100 |
2011 | 6440 | 5031 | 105 |
From the table, determine the per capita real GDP for each year, the growth rate of real GDP between 2010 and 2011, and the growth rate of per capita real GDP.
Vaishnavi KanukurtiLv10
13 Oct 2020
Already have an account? Log in