An island in the Caribbean has a population of 30,000 people. The nominal GDP of this island was $600million and the GDP deflator is 300 (2010 = 100). Using this information, the real GDP of the island is ______ and the real GDP per person is ______.

Answer rating: 100% (QA)

To calculate the real GDP and real GDP per person of the island we n... View the full answer