Year. real GDP millions. Pop thousands
1. 5,720. 220
2. 6,4,96. 224
3. 7,392. 231

real GDP per capita( dollars)
$26,000
$29,000
$32,000

Instructions: round your answer to 1 decimal place.

A. using the information in the table calculate the growth rates in Real GDP, population, and the standard of living (real GDP per capita) between year one and year two.

Real GDP_______%

Population_______%

Standard of living______%

B. Now using the information in the table, calculate the growth rates in Real GDP, population, and the standard of living between the year 2 and year 3.

Real GDP____%

Population_____%

Standard of living_____%

 

Answer rating: 100% (QA)

B DOMS Page No Date 1 64965720 x 100 5720 77600 5720 1356 1 Between Real CPP Population g... View the full answer