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- List the areas where government policy can help economic growth.An emerging country has a real GDP of $1553.1 billion. After one year, real GDP has grown to $1677 billion. In percentage terms, what is the growth rate? Please round your answer to the nearest whole number. growth rate:An emerging country has a real GDP of $ 1330.1 billion. After one year, real GDP has grown to $ 1383 billion. In percentage terms, what is the growth rate? Please round your answer to the nearest whole number.
- Calculate growth rate of real GDP in 2019 compared to 2009. Show calculations.If the real GDP per capita in 2004 is $36 000 and in 2005 it is $37 800, what is the economic growth rate? a. 4.76% b. 5.00% c. $1800 d. –4.76% Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.Suppose Botswana’s nominal GDP increases from $200 billion in 1998 to $250 billion in 1999. a) Explain why these figures may present a misleading measure of economic growth. b) What alternative method would provide a more accurate measure of economic growth over time ?
- a given theorhetical country currently has a GDP of 50,000. The growth rate is projected to hit 7% annually through the next 15 years. What is the projected GDP in 15 yrs?A country had real GDP per person of 5800 in 2005 and has had average real GDP growth of 8.4% per year, over the next 15 years. What is real GDP at the end of that period? No ai plsIf the growth rate in an economy is 2%, its GDP will double in about: 48 years. 140 years. 70 years. 35 years.
- Answer only correct A country had real GDP per person of 5800 in 2005 and has had average real GDP growth of 8.4% per year, over the next 15 years. What is real GDP at the end of that period?The standard of living in a nation is measured by: A. the rate of growth of real gross domestic product per capita. B. its employment rate. C. the rate of growth of nominal gross domestic product. D. its unemployment rate E. its inflation rateIf real GDP in Country A amounted to $1.62 trillion in 2019 and $1.71 trillion in 2018, the real GDP growth rate in this country in 2019 is: A) 5.26% B) 5.56% C) 2.47% D) -5.26% E) -5.56%
