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?

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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The growth rate of real GDP per person in Pacific in 2020 is ____ 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?
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?
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