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In 1988 the value of real GDP was $8,701.23 billion and the population was 257.79 million. Calculate real GDP per capita. Round to two decimal places. Do not enter a percent sign.

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 31P: Ethiopia has a GDP of 8 billion (measured in U.S. dollars) and a population of 55 million. Costa...

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Question

In 1988 the value of real GDP was $8,701.23 billion and the population was 257.79
million. Calculate real GDP per capita.
Round to two decimal places. Do not enter a percent sign.
ASUS

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