Figure above shows statistics on Real GDP in Qatar ($billions) from 2012 to 2020, in addition to expectations for the year 2021 and 2022. Total population in Qatar reached 2.832 million in 2019 and 2.881 in 2020. Compute real GDP per capita in 2019 and in 2020. Calculate the percentage change in real GDP per capita between 2019 and 2020
Figure above shows statistics on Real GDP in Qatar ($billions) from 2012 to 2020, in addition to expectations for the year 2021 and 2022. Total population in Qatar reached 2.832 million in 2019 and 2.881 in 2020. Compute real GDP per capita in 2019 and in 2020. Calculate the percentage change in real GDP per capita between 2019 and 2020
Chapter2: Production Possibilities Frontier Framework
Section: Chapter Questions
Problem 6QP
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The Figure above shows statistics on Real GDP in Qatar ($billions) from 2012 to 2020, in addition to expectations for the year 2021 and 2022.
Total population in Qatar reached 2.832 million in 2019 and 2.881 in 2020. Compute real GDP per capita in 2019 and in 2020. Calculate the percentage change in real GDP per capita between 2019 and 2020. What are the main factors behind this change?
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