Lilliput's aggregate income in 2015 was $48,002,000,500. Suppose the population of Lilliput was 20,100,500 in 2015, of which Therefore, Lilliput's income per capita in 2015 was $ (Round your answer to two decimal places.) Suppose the aggregate income of Lilliput was $7.6 billion in Q1 2016, $7.2 billion in Q2.2016, $6.8 billion in Q3.2016, and $7 billion in Q4:2016. Lilliput from a recession in 2016. Lilliput's yearly unemployment rate for 2016 is likely to be the previous year's value.
Lilliput's aggregate income in 2015 was $48,002,000,500. Suppose the population of Lilliput was 20,100,500 in 2015, of which Therefore, Lilliput's income per capita in 2015 was $ (Round your answer to two decimal places.) Suppose the aggregate income of Lilliput was $7.6 billion in Q1 2016, $7.2 billion in Q2.2016, $6.8 billion in Q3.2016, and $7 billion in Q4:2016. Lilliput from a recession in 2016. Lilliput's yearly unemployment rate for 2016 is likely to be the previous year's value.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:Lilliput's aggregate income in 2015 was $48,002,000,500. Suppose the population of Lilliput was 20, 100,500 in 2015, of which 16,086,000 people were employed.
Therefore, Lilliput's income per capita in 2015 was $ (Round your answer to two decimal places.)
Suppose the aggregate income of Lilliput was $7.6 billion in Q1:2016, $7.2 billion in Q2:2016, $6.8 billion in Q3:2016, and $7 billion in Q4:2016.
Lilliput
from a recession in 2016.
Lilliput's yearly unemployment rate for 2016 is likely to be
the previous year's value.
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