Question: EC202 Written Assignment To save space, the same instructions from previous assignment apply here. Please refer to the previous assignments for submission instruction. Provide explanation

EC202 Written Assignment

To save space, the same instructions from previous assignment apply here. Please refer to the previous assignments for submission instruction.

Provide explanation and mathematical work; otherwise, the answer will receive zero points.

(Total 18 points)

Ch.7 and Ch.19

GDP per Capita Growth and Rule of 72

EC202 Written AssignmentTo save space, the same instructions from previous assignment apply

Current Year Previous Year Growth Rate Real GDP $8.4 trillion $8.0 trillion Population 202 million 200 million GDP per Capita $

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