Silesia – Continued You are provided with the following information about an imaginary economy called Silesia. Use the information provided in the table to answer the questions below: 1994 2019 Nominal GDP (Billion) 200 800 Price Index (2010) base) 50 120 Population (Million) 20 30 Adapted from: Van Walbeek, C., Krugell, W. and Samouilhan, N. 2008. South African Work Book for Economics. Pretoria: Van Schaik. 6.1 Calculate the Real GDP (expressed at constant 2010 prices) for 1994 and 2019. 6.2 By what percentage did the real GDP increase between 1994 and 2019? 6.4 Calculate per capita real GDP for Silesia for 1994 and 2019.
Silesia – Continued You are provided with the following information about an imaginary economy called Silesia. Use the information provided in the table to answer the questions below:
Adapted from: Van Walbeek, C., Krugell, W. and Samouilhan, N. 2008. South African Work Book for Economics. Pretoria: Van Schaik. |
6.1 Calculate the Real GDP (expressed at constant 2010 prices) for 1994 and 2019.
6.2 By what percentage did the real GDP increase between 1994 and 2019?
6.4 Calculate per capita real GDP for Silesia for 1994 and 2019.
6.5 By what percentage did per capita real GDP increase between 1994 and 2019?

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