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Suppose that nominal GDP was $9250000.00 in 2005 in Fairfax County Virginia. In 2015, nominal GDP was $11500000.00 in Fairfax County Virginia. The price level rose 2.50% between 2005 and 2015, and population growth was 3.25%. Calculate the following figures for Fairfax County Virginia between 2005 and 2015. Give all answers to two decimals. a. Nominal GDP growth was %. Part 2 (1 point) See Hint b. Economic growth was %.

Suppose that nominal GDP was $9250000.00 in 2005 in Fairfax County Virginia. In 2015, nominal GDP was $11500000.00 in Fairfax County Virginia. The price level rose 2.50% between 2005 and 2015, and population growth was 3.25%. Calculate the following figures for Fairfax County Virginia between 2005 and 2015. Give all answers to two decimals. a. Nominal GDP growth was %. Part 2 (1 point) See Hint b. Economic growth was %.

Principles of Economics 2e
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter1: Welcome To Economics!
Section: Chapter Questions
Problem 5SCQ: What would be another example of a system in the real world serve could serve as a metaphor for...
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C Get Homework Help With Chegg X Content O bblearn.uca.edu/ultra/courses/_130806_1/cl/outline?legacyUrl=-2Fwebapps-2Fcalendar-2Flaunch-2Fattempt-2F_blackboard.platform.gradeb. e ☆ E Apps I mylJCA M khapper2cubuc. H O Alpha Sigma Alpha. É iClaud O Pinterest b View My Activity I Olher bokmarks Micrasoft Office Ho. Blarkb:ard ECON 2320-TBA 0000-PRINCIPLES OF MACROECONOMICS - 31353.202220 Smartwork5: Ch. 11: Homework < Ch. 11: Homework s 74% khopper2@cub.uca.edu 03/06/22 SCORE Part 1 (1 point) V see Hint Suppose that nominal GDP was $9250000.00 in 2005 in Fairfax County Virginia. In 2015, nominal GDP was $11500000.00 in Fairfax County Virginia. The price level rose 2.50% between 2005 and 2015, and population growth was 3.25%. Calculate the following figures for Fairfax County Virginia between 2005 and 2015. Give all answers to two decimals. a. Nominal GDP growth was %. Part 2 (1 point) O See Hint HE b. Economic growth was %. < 12/17 > * SUBMIT ANSWER 15 OF 17 QUESTIONS COMPLETED 2:52 PM P Type here to search 20% O 69"F Mostly cloudy 描 3/6/2022
Transcribed Image Text:C Get Homework Help With Chegg X Content O bblearn.uca.edu/ultra/courses/_130806_1/cl/outline?legacyUrl=-2Fwebapps-2Fcalendar-2Flaunch-2Fattempt-2F_blackboard.platform.gradeb. e ☆ E Apps I mylJCA M khapper2cubuc. H O Alpha Sigma Alpha. É iClaud O Pinterest b View My Activity I Olher bokmarks Micrasoft Office Ho. Blarkb:ard ECON 2320-TBA 0000-PRINCIPLES OF MACROECONOMICS - 31353.202220 Smartwork5: Ch. 11: Homework < Ch. 11: Homework s 74% khopper2@cub.uca.edu 03/06/22 SCORE Part 1 (1 point) V see Hint Suppose that nominal GDP was $9250000.00 in 2005 in Fairfax County Virginia. In 2015, nominal GDP was $11500000.00 in Fairfax County Virginia. The price level rose 2.50% between 2005 and 2015, and population growth was 3.25%. Calculate the following figures for Fairfax County Virginia between 2005 and 2015. Give all answers to two decimals. a. Nominal GDP growth was %. Part 2 (1 point) O See Hint HE b. Economic growth was %. < 12/17 > * SUBMIT ANSWER 15 OF 17 QUESTIONS COMPLETED 2:52 PM P Type here to search 20% O 69"F Mostly cloudy 描 3/6/2022
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