The table below shows national data for the economy of Westfall. Round your intermediate calculations to one decimal place. Enter your responses rounded to one decimal place with the exception of Real GDP per capita that can be entered as a whole number. a. Fill in the blanks in the table below. Nominal GDP (in billions) GDP deflator (2010 = 100) Real GDP (in billions). Population (in millions) Real GDP per capital b. The inflation rate in 2019 is c. The growth rate of real GDP per capita in the year 2020 is %. $ 2018 $800 111 32 %. 2019 $898 $764 $23,145 $ $ 2020 121 34 $23,935
The table below shows national data for the economy of Westfall. Round your intermediate calculations to one decimal place. Enter your responses rounded to one decimal place with the exception of Real GDP per capita that can be entered as a whole number. a. Fill in the blanks in the table below. Nominal GDP (in billions) GDP deflator (2010 = 100) Real GDP (in billions). Population (in millions) Real GDP per capital b. The inflation rate in 2019 is c. The growth rate of real GDP per capita in the year 2020 is %. $ 2018 $800 111 32 %. 2019 $898 $764 $23,145 $ $ 2020 121 34 $23,935
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter19: The Macroeconomic Perspective
Section: Chapter Questions
Problem 32P: In 1980, Denmark had a GDP of 70 billion (measured in U.S. dollars} and a population of 5.1 million....
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