URGENT 2018 GDP (in 2018 currency units)395,000 million2018 GDP (in 2010 currency units)417,500 million2019 Consumption (in 2019 currency units)184,500 million55,500 million2019 Central (Federal) Government Spending(in 2019 currency units)2019 Local Govemment Spending (in 201957,000 millioncurrency units)2019 Investment (in 2019 currency units)111,500 million2019 Exports (in 2019 currency units)127,500 million2019 Imports (in 2019 currency units)138,500 million2019 Consumption (in 2015 currency units)178,500 million2019 Central (Federal) Government Spending(in 2015 currency units)53,000 million2019 Local Govemment Spending (in 2015currency units)54,000 million2019 Investment (in 2015 currency units)105,500 million2019 Exports (in 2015 currency units)164,000 million2019 Imports (in 2015 currency units)130,000 million2018 Population2.685 million2019 Population2.690 millionCalculate the imaginary country's real GDP growth between 2018 and 2019.1. Calculate the imaginary country's real GDP per capita growth between 2018 and 2019.1. Calculate the Imaginary country's inflation (using the GDP deflator method) between 2018 and2019.1. Calculate the imaginary country's real domestic savings in 2019.

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2018 GDP (in 2018 currency units) 395,000 million 2018 GDP (in 2010 currency units) 417,500 million 2019 Consumption (in 2019 currency units) 184,500 million 2019 Central (Federal) Government Spending (in 2019 currency units) 55,500 million 2019 Local Govemment Spending (in 2019 currency units) 57,000 million 2019 Investment (in 2019 currency units) 111,500 million 2019 Exports (in 2019 currency units) 127,500 million 2019 Imports (in 2019 currency units) 138,500 million 2019 Consumption (in 2015 currency units) 178,500 million 2019 Central (Federal) Government Spending (in 2015 currency units) 53,000 million 54,000 million 2019 Local Govemment Spending (in 2015 currency units) 2019 Investment (in 2015 currency units) 105,500 million 2019 Exports (in 2015 currency units) 164,000 million 2019 Imports (in 2015 currency units) 130,000 million 2018 Population 2.685 million 2019 Population 2.690 million Calculate the imaginary country's real GDP growth between 2018 and 2019. 1. Calculate the imaginary country's real GDP per capita growth between 2018 and 2019. 1. Calculate the imaginary country's inflation (using the GDP deflator method) between 2018 and 2019.

2018 GDP (in 2018 currency units) 395,000 million 2018 GDP (in 2010 currency units) 417,500 million 2019 Consumption (in 2019 currency units) 184,500 million 2019 Central (Federal) Government Spending (in 2019 currency units) 55,500 million 2019 Local Govemment Spending (in 2019 currency units) 57,000 million 2019 Investment (in 2019 currency units) 111,500 million 2019 Exports (in 2019 currency units) 127,500 million 2019 Imports (in 2019 currency units) 138,500 million 2019 Consumption (in 2015 currency units) 178,500 million 2019 Central (Federal) Government Spending (in 2015 currency units) 53,000 million 54,000 million 2019 Local Govemment Spending (in 2015 currency units) 2019 Investment (in 2015 currency units) 105,500 million 2019 Exports (in 2015 currency units) 164,000 million 2019 Imports (in 2015 currency units) 130,000 million 2018 Population 2.685 million 2019 Population 2.690 million Calculate the imaginary country's real GDP growth between 2018 and 2019. 1. Calculate the imaginary country's real GDP per capita growth between 2018 and 2019. 1. Calculate the imaginary country's inflation (using the GDP deflator method) between 2018 and 2019.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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