Calculating the real gdp, Use the information on U.S. real

Calculating the real gdp

Assignment Help Macroeconomics

Reference no: EM1368293

Use the information on U.S. real GDP below to calculate real GDP per person for each year. Then use these numbers to compute the percentage increase in real GDP per person from 1987 to 2005.
Year Real GDP (2000 prices) Population
1987 $6,435,000 million 243 million
2005 $11,092,000 million 296.6 million

Reference no: EM1368293

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