In 2011, the imaginary nation of Maconia had a population of 8,200 and real GDP of 210,500. From 2011 to 2012 real GDP per person in Maconia grew by 5%. In 2012 it had a population of 8,400. To the nearest dollar what was real GDP in Maconia in 2012? I. 216,815 П. 221,025 III. 226.416

In 2011, the imaginary nation of Maconia had a population of 8,200 and real GDP of 210,500. From 2011 to 2012 real GDP per person in Maconia grew by 5%. In 2012 it had a population of 8,400. To the nearest dollar what was real GDP in Maconia in 2012? I. 216,815 П. 221,025 III. 226.416

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 32P: In 1980, Denmark had a GDP of 70 billion (measured in U.S. dollars} and a population of 5.1 million....

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Table 5-3 Population $4,800,000 million 127 million 7.2 million $9,800,000 million 280 million Country Nominal GDP A B $240,000 million Refer to Table 5-3. On the basis of the information in the table, which list below contains the correct ordering of GDP per person (from highest to lowest)? С, А, В С. В, А ОА, В, С O A, C, B
In 1980, Denmark had a GDP of 70 billion (measured in U.S. dollars} and a population of 5.1 million. In 2000, Denmark had 3 GDP of 160 billion (measured in U.S. dollars} and a population of 5.3 million. By what percentage did Denmarks GDP per capita rise between 1980 and 2000?
Please no written by hand and no emage Ecuador has a GDP of $89.0 billion (measured in U.S. dollars) and grows at 1.3% per year. Using the Compound Rate formula in the textbook, what is the country’s GDP after 6 years? A. $99.3 billion B. $96.2 billion C. $95.4 billion D. $93.1 billion
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1 of 10 In 1980, Denmark had a GDP of $70 billion (measured in U.S. dollars) and a population of 5.1 million. In 2000, Denmark had a GD U.S. dollars) and a population of 5.3 million. By what percentage did Denmark's GDP per capita rise between 1980 and 2000? 45.40% 119.95% O 128% 219%
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