Calculate private investment per capita for each year from 2003-2020. What are the per capita growth rates in private investment for the periods 2003- 2008 and 2008-2013? And briefly, state what this change in the growth of private investment tell us in terms of aggregate expenditure?
Calculate private investment per capita for each year from 2003-2020. What are the per capita growth rates in private investment for the periods 2003- 2008 and 2008-2013? And briefly, state what this change in the growth of private investment tell us in terms of aggregate expenditure?
Chapter15: Gross Domestic Product
Section: Chapter Questions
Problem 1SQ
Related questions
Question
Calculate private investment per capita for each year from 2003-2020.
What are the per capita growth rates in private investment for the periods 2003-
2008 and 2008-2013? And briefly, state what this change in the growth of
private investment tell us in terms of aggregate expenditure?
Transcribed Image Text:Real Private Investment
Real Government Investment
2003
25,229
8,557
2004
29,539
9,127
2005
32,242
9,567
2006
32,933
11,338
2007
33,478
9,975
2008
36,303
10,519
2009
31,871
11,642
2010
27,013
12,186
2011
28,194
12,480
2012
30,985
12,166
2013
34,489
11,073
2014
37,642
12,221
2015
41,117
12,779
2016
42,866
13,109
2017
44,298
13,097
2018
47,167
14,372
2019
50,723
14,334
2020
51,385
14,512
Transcribed Image Text:Nominal GDP (NGDP)
Real GDP (RGDP)
Real GDP per capita
Estimated Resident
(RGDP/capita) (not as %)
Population by Age and Sex
Data
(1991+) (Annual-Mar)
3,970,000
4,044,900
2003
135,181
163,066
0.04107
2004
144,502
170,494
0.04215
2005
154,559
176,059
4,101,300
0.04293
2006
162,937
181,946
4,148,000
0.04386
2007
172,004
186,505
4,196, 700
0.04444
4,235,300
4,271,000
4,317,900
4,362,800
2008
186,673
193,442
0.04567
2009
189,406
190,383
0.04457
2010
194,306
194,306
0.045
2011
203,342
196,063
0.04494
2012
213,025
201,268
4,392, 500
0.04582
2013
217,489
206,507
4,417,700
0.04674
2014
232,792
210,804
4,461, 500
0.04725
2015
242,670
218,546
4,541,900
0.0481
4,638,200
4,742,200
2016
255,340
228,240
0.04921
2017
271,422
236,903
0.04996
2018
291,264
247,336
4,837,700
0.05113
2019
306,721
257,566
4,922, 200
0.0523
2020
321,985
262,866
5,013,200
0.0524
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps with 2 images
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.Recommended textbooks for you
