Suppose that nominal GDP was $9250000.00 in 2005 in Fairfax County Virginia. In 2015, nominal GDP was $11500000.00 in Fairfax County Virginia. The price level rose 2.50% between 2005 and 2015, and population growth was 3.25%. Calculate the following figures for Fairfax County Virginia between 2005 and 2015. Give all answers to two decimals. a. Nominal GDP growth was %. Part 2 (1 point) See Hint b. Economic growth was %.

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Part 1 (1 point)
V see Hint
Suppose that nominal GDP was $9250000.00 in 2005 in Fairfax County Virginia. In 2015, nominal GDP was $11500000.00 in
Fairfax County Virginia. The price level rose 2.50% between 2005 and 2015, and population growth was 3.25%. Calculate the
following figures for Fairfax County Virginia between 2005 and 2015. Give all answers to two decimals.
a. Nominal GDP growth was
%.
Part 2 (1 point)
O See Hint
HE
b. Economic growth was
%.
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20%
O 69"F Mostly cloudy
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3/6/2022
Transcribed Image Text:C Get Homework Help With Chegg X Content O bblearn.uca.edu/ultra/courses/_130806_1/cl/outline?legacyUrl=-2Fwebapps-2Fcalendar-2Flaunch-2Fattempt-2F_blackboard.platform.gradeb. e ☆ E Apps I mylJCA M khapper2cubuc. H O Alpha Sigma Alpha. É iClaud O Pinterest b View My Activity I Olher bokmarks Micrasoft Office Ho. Blarkb:ard ECON 2320-TBA 0000-PRINCIPLES OF MACROECONOMICS - 31353.202220 Smartwork5: Ch. 11: Homework < Ch. 11: Homework s 74% khopper2@cub.uca.edu 03/06/22 SCORE Part 1 (1 point) V see Hint Suppose that nominal GDP was $9250000.00 in 2005 in Fairfax County Virginia. In 2015, nominal GDP was $11500000.00 in Fairfax County Virginia. The price level rose 2.50% between 2005 and 2015, and population growth was 3.25%. Calculate the following figures for Fairfax County Virginia between 2005 and 2015. Give all answers to two decimals. a. Nominal GDP growth was %. Part 2 (1 point) O See Hint HE b. Economic growth was %. < 12/17 > * SUBMIT ANSWER 15 OF 17 QUESTIONS COMPLETED 2:52 PM P Type here to search 20% O 69"F Mostly cloudy 描 3/6/2022
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