Use the table below to answer the questions that follow. Define productivity as GDP per worker, and please enter all answers as numerical values rounded to 3 decimal places, and not as percentages (i.e. 0.103 instead of 10.3%).

	GDP	Population	Workers
Year = 1	1027	155	129
Year = 2	1247	279	233

1) What is the GDP growth rate?

2) What is GDP per capita growth rate?

3) What is the productivity growth rate?

Answer rating: 100% (QA)

To answer the questions we need to calculate the growth rates for GDP GDP per capita and productivit... View the full answer