QUESTION 6 You are given the following information for an economy. Real GDP Population 2018 $600,000 1000 2019 $620,000 1200 From the information calculate the following: Calculate the real GDP per person for 2018 and 2019 Calculate the economic growth rate from 2018-19 Make sure to show the steps. T T TArial v 3 (12pt) v T-E -E - - @ 回iv

QUESTION 6 You are given the following information for an economy. Real GDP Population 2018 $600,000 1000 2019 $620,000 1200 From the information calculate the following: Calculate the real GDP per person for 2018 and 2019 Calculate the economic growth rate from 2018-19 Make sure to show the steps. T T TArial v 3 (12pt) v T-E -E - - @ 回iv

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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