The data in the table below are for the country of Eturia. Nominal GDP ($billions) Real...
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The data in the table below are for the country of Eturia. Nominal GDP ($billions) Real GDP ($billions) Population (millions) a. GDP deflator b. Real GDP per capita c. Growth rate of real GDP per capita $ 2015 390 370 15 $ 2016 426 395 15.05 $ 2017 470 417 15.2 a. Calculate the GDP deflator for years 2015, 2016, and 2017 and enter the values in the table above. Enter your responses rounded to one decimal place. b. Calculate real GDP per capita for the three years and enter the values in the table above. Enter your responses rounded to the nearest dollar. c. Calculate the growth rate of real GDP per capita for years 2016 and 2017 and enter the values in the table above. Enter your responses rounded to one decimal place The data in the table below are for the country of Eturia. Nominal GDP ($billions) Real GDP ($billions) Population (millions) a. GDP deflator b. Real GDP per capita c. Growth rate of real GDP per capita $ 2015 390 370 15 $ 2016 426 395 15.05 $ 2017 470 417 15.2 a. Calculate the GDP deflator for years 2015, 2016, and 2017 and enter the values in the table above. Enter your responses rounded to one decimal place. b. Calculate real GDP per capita for the three years and enter the values in the table above. Enter your responses rounded to the nearest dollar. c. Calculate the growth rate of real GDP per capita for years 2016 and 2017 and enter the values in the table above. Enter your responses rounded to one decimal place
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la b GDP deflator GDP GDP defiator for 2016 defiator for 2017 Real GDP for 2015 Real GDP dom... View the full answer
Related Book For
Principles of Macroeconomics
ISBN: 978-0134078809
12th edition
Authors: Karl E. Case, Ray C. Fair, Sharon E. Oster
Posted Date:
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