Table below Year GDP (billion AED) CPI (base 2014=100) Popul 2018 1461 111.1 9.367 2019 1511 109 9.504 ind the followings from the given data for UAE: 1. Real GDP growth rate 2. Inflation Population growth rate
Table below Year GDP (billion AED) CPI (base 2014=100) Popul 2018 1461 111.1 9.367 2019 1511 109 9.504 ind the followings from the given data for UAE: 1. Real GDP growth rate 2. Inflation Population growth rate
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:Question 29
Table below provide the data of real GDP, CPI and Population of UAE of the last two years.
Year
GDP (billion AED)
CPI (base 2014=100)
Population (million)
2018
1461
111.1
9.367
2019
1511
109
9.504
Find the followings from the given data for UAE:
1. Real GDP growth rate
2. Inflation
3. Population growth rate
4. Real GDP per capita
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