The following table describes the real GDP and population of a fictitious country in 2009 and 2010.
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Question:
The following table describes the real GDP and population of a fictitious country in 2009 and 2010.
Year | PIB real | Population |
2009 | $10 billion | 1.0 million |
2010 | $12 billion | 1.1 million |
Instructions: Round your answers to the nearest whole number.
to. Real GDP per capita in 2009 is $_____. Real GDP per capita in 2010 is $_____.
b. The growth rate of real GDP is _____ percent.
C. The population growth rate is _____ percent.
d. The growth rate of real GDP per capita is _____ percent.
Related Book For
Macroeconomics Principles And Policy
ISBN: 9780324586213
11th Edition
Authors: William J. Baumol, Alan S. Blinder
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