Question 25 (5 points) Listen Below data shows the economies of Gotham and Metropolis. GDP deflator Gotham Metropolis GDP deflator Year (or GDP Nominal GDP Population Year (or GDP Nominal GDP Population 15 Price Index) Price Index) 18 2019 80 2020 115 $155 $220 5 2019 90 $150 5 6 2020 120 $220 6 > > 1> + 5 a¦ 8> 21 10 11 12 2> 13 14 >4 16 17 46 19 210 21 21 22 23 24 What is the growth rate of Real GDP per capita for Metropolis from 2019 to 2020? (Your answer includes first decimal point; eg) if your response is 9.98, write down 9.9 in the answer.) %
Question 25 (5 points) Listen Below data shows the economies of Gotham and Metropolis. GDP deflator Gotham Metropolis GDP deflator Year (or GDP Nominal GDP Population Year (or GDP Nominal GDP Population 15 Price Index) Price Index) 18 2019 80 2020 115 $155 $220 5 2019 90 $150 5 6 2020 120 $220 6 > > 1> + 5 a¦ 8> 21 10 11 12 2> 13 14 >4 16 17 46 19 210 21 21 22 23 24 What is the growth rate of Real GDP per capita for Metropolis from 2019 to 2020? (Your answer includes first decimal point; eg) if your response is 9.98, write down 9.9 in the answer.) %
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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