Explain what happened to the real gdp per person

Assignment Help Business Management

Reference no: EM13115114

Suppose that twenty-five years ago a country had nominal GDP of $1,000, a GDP deflator of 200, and a population of 100. Today it has nominal GDP of $3,000, a GDP deflator of 400, and population of 150. What happened to the real GDP per person?

Reference no: EM13115114

Questions Cloud

Import substituting industrialization and neoliberalism : New Deal regulated capitalism, totalitarian (fascist/communist) command economies, import substituting industrialization and neoLiberalism.

Summarize the environmental effects of increased atmospheric : Summarize the environmental effects of increased atmospheric and oceanic carbon dioxide concentrations.

What percent of observations lie between a range : The density curve shown to the right takes the value 0.5 on the interval 0 ≤ x ≤ 2 and takes the value 0 everywhere else. What percent of the observations lie between 0.5 and 1.2?

Explain why it is important to plant native species : Given the nature of exotic, invasive plant species, explain why it's important to plant native species in areas that are being restored like the bare land being uncovered by the dam removal proect on the elwha.

Explain what happened to the real gdp per person : Suppose that twenty-five years ago a country had nominal GDP of $1,000, a GDP deflator of 200, and a population of 100. Today it has nominal GDP of $3,000

Sketch distribution function for legitimate density curve : The second segment goes from (1,1) to the point (x, 1). Sketch the distribution function, and determine what x has to be in order to be a legitimate density curve.

Summarize the environmental effects of increased atmospheric : Summarize the environmental effects of increased atmospheric and oceanic carbon dioxide concentrations.

What volume of which gas (if any)remains unreacted : A Mixture of 80mL of Hydrogen Gas and 60 mL of Oxygen gas is ignited by a spark to form water (please show work) a) does any gas remain unreacted.

Explain how decision will impact your company : However, you know that in order to capitalize on this you must expand rapidly within existing markets and internationally. Outline the options for financing your expansion. Discuss how this decision will impact your company in financial and cultur..

User Account

All Pages