Question 1 The table provides some data on real GDP and the population of Pacific in 2019 and 2020. Population (billions) 225,000 200 247,500 204 What is the growth rate of real GDP in Pacific in 2020? Real GDP Year (billions of euros) 2019 2020

Principles of Economics 2e
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Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter20: Economic Growth
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The growth rate of real GDP per person in pacific in 2020 is blank percent

Question 1
The table provides some data on real GDP and the population of Pacific in
2019 and 2020.
Year
2019
2020
Real GDP
(billions of euros)
225,000
247,500
Population
(billions)
200
204
What is the growth rate of real GDP in Pacific in 2020?
What is the growth rate of real GDP per person in Pacific in 2020?
The growth rate of real GDP in Pacific in 2020 is 10 percent.
(Ⓒ)
(Ⓒ)
The growth rate of real GDP per person in Pacific in 2020 is Type percent.
Transcribed Image Text:Question 1 The table provides some data on real GDP and the population of Pacific in 2019 and 2020. Year 2019 2020 Real GDP (billions of euros) 225,000 247,500 Population (billions) 200 204 What is the growth rate of real GDP in Pacific in 2020? What is the growth rate of real GDP per person in Pacific in 2020? The growth rate of real GDP in Pacific in 2020 is 10 percent. (Ⓒ) (Ⓒ) The growth rate of real GDP per person in Pacific in 2020 is Type percent.
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