The table below shows national data for the economy of Westfall. Round your intermediate calculations to one decimal place. Enter your responses rounded to one decimal place with the exception of Real GDP per capita that can be entered as a whole number.

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a. Fill in the blanks in the table below. Nominal GDP (in billions) GDP deflator (2010 = 100) Real GDP (in billions) Population (in millions) Real GDP per capita b. The inflation rate in 2019 is %. 2018 $750 113 36 c. The growth rate of real GDP per capita in the year 2020 is 2019 $845 $703 $19,000 % $ 2020 123 38 $19,640 a. Fill in the blanks in the table below. Nominal GDP (in billions) GDP deflator (2010 = 100) Real GDP (in billions) Population (in millions) Real GDP per capita b. The inflation rate in 2019 is %. 2018 $750 113 36 c. The growth rate of real GDP per capita in the year 2020 is 2019 $845 $703 $19,000 % $ 2020 123 38 $19,640

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GDP Deflator can be calculated as Nominal GDP Real GDP 100 Real GDP per capita can be calculated as ... View the full answer