How much was the growth rate of real gdp per capita

Reference no: EM13234911

Suppose the real GDP of a country increased from 2,000 billion to 2,100 billion in one year. In the same year, population growth rate was 3%. How much was the growth rate of real GDP per capita in that year?

Reference no: EM13234911

Questions Cloud

Determine the net electric field on the x-axis : Two point charges are fixed to rectangular coordinate system, Charges of q1 = 3.5uC and q2 = -15 uChave coordinates (0.55,0) and (0,0) in meters respectively

Describe how nonverbal feedback conveys powerful messages : Provide an example where nonverbal feedback was used and describe the end result?

Determine the future stock of capital per worker : The government finances its purchases through lump-sum taxes on consumers, where T denotes total taxes, and the government budget is balanced each period, so that G = T.

How does a debt-financed tax cut affect public saving : 1. Why do so many economists project increasing budget deficits and government debt over the next several decades 2. According to the Ricardian view of government debt,

How much was the growth rate of real gdp per capita : Suppose the real GDP of a country increased from 2,000 billion to 2,100 billion in one year. In the same year, population growth rate was 3%. How much was the growth rate of real GDP per capita in that year

Define integrated marketing communications : Regarding "Make Your Dealers Your Partners," why do you think the Caterpillar system works? Identify characteristics that seem to be unique to Caterpillar and make their system successful. Explain how these unique characteristics contribute to the..

Calculate the opportunity cost for chris and andrew : calculate the opportunity cost for chris, andrew and stuart if they have to opt between travelling by bus, at 3 hours for $20 OR PLANE FOR $100 IN 30 MINUTES, onsidering that each earn $12, $5 and $10 an hour

What to recommend for macroeconomic policy makers in us : The U.S. economy is in a recession and the IS-LM suggests we are in a liquidity trap. a) Illustrate the situation using the AD-AS and IS-LM diagrams. b) Explain what a liquidity trap.

How does multiple-player system relates to the changes : How does multiple-player system relates to the changes on health care?

User Account

All Pages