The following table shows real GDP for both the United States and China, in billions of 2009 dollars: Real GDP Measured in Billions of 2009 Dollars 2015 2014 $8, 169 China $7,642 $16,349 United States $15,962 a) Which country's economy was larger in 2014? United States China b) Which economy grew faster between 2014 and 2015? China United States c) Which economy was larger economy in 2015? United States <9 China Next 12 of 15 Prev Prev
The following table shows real GDP for both the United States and China, in billions of 2009 dollars: Real GDP Measured in Billions of 2009 Dollars 2015 2014 $8, 169 China $7,642 $16,349 United States $15,962 a) Which country's economy was larger in 2014? United States China b) Which economy grew faster between 2014 and 2015? China United States c) Which economy was larger economy in 2015? United States <9 China Next 12 of 15 Prev Prev
Chapter19: Measuring Economic Performance
Section: Chapter Questions
Problem 1P
Related questions
Question
![The following table shows real GDP for both the United States and China, in billions of 2009 dollars:
Real GDP Measured in Billions of 2009
Dollars
2015
2014
$8, 169
China
$7,642
$16,349
United States
$15,962
a) Which country's economy was
larger in 2014?
United States
China
b) Which economy grew faster between 2014 and 2015?
China
United States
c) Which economy was larger economy in 2015?
United States
<9 China
Next
12 of 15
Prev
Prev](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F39645b0a-82ae-48b6-af25-0cc29e5d9e78%2F0b39db48-d184-4ba0-bbe9-ab164555ed25%2Fmimavro.jpeg&w=3840&q=75)
Transcribed Image Text:The following table shows real GDP for both the United States and China, in billions of 2009 dollars:
Real GDP Measured in Billions of 2009
Dollars
2015
2014
$8, 169
China
$7,642
$16,349
United States
$15,962
a) Which country's economy was
larger in 2014?
United States
China
b) Which economy grew faster between 2014 and 2015?
China
United States
c) Which economy was larger economy in 2015?
United States
<9 China
Next
12 of 15
Prev
Prev
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 5 steps with 2 images
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Recommended textbooks for you
![Exploring Economics](https://www.bartleby.com/isbn_cover_images/9781544336329/9781544336329_smallCoverImage.jpg)
Exploring Economics
Economics
ISBN:
9781544336329
Author:
Robert L. Sexton
Publisher:
SAGE Publications, Inc
![Principles of Economics 2e](https://www.bartleby.com/isbn_cover_images/9781947172364/9781947172364_smallCoverImage.jpg)
Principles of Economics 2e
Economics
ISBN:
9781947172364
Author:
Steven A. Greenlaw; David Shapiro
Publisher:
OpenStax
![Essentials of Economics (MindTap Course List)](https://www.bartleby.com/isbn_cover_images/9781337091992/9781337091992_smallCoverImage.gif)
Essentials of Economics (MindTap Course List)
Economics
ISBN:
9781337091992
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
![Exploring Economics](https://www.bartleby.com/isbn_cover_images/9781544336329/9781544336329_smallCoverImage.jpg)
Exploring Economics
Economics
ISBN:
9781544336329
Author:
Robert L. Sexton
Publisher:
SAGE Publications, Inc
![Principles of Economics 2e](https://www.bartleby.com/isbn_cover_images/9781947172364/9781947172364_smallCoverImage.jpg)
Principles of Economics 2e
Economics
ISBN:
9781947172364
Author:
Steven A. Greenlaw; David Shapiro
Publisher:
OpenStax
![Essentials of Economics (MindTap Course List)](https://www.bartleby.com/isbn_cover_images/9781337091992/9781337091992_smallCoverImage.gif)
Essentials of Economics (MindTap Course List)
Economics
ISBN:
9781337091992
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
![Brief Principles of Macroeconomics (MindTap Cours…](https://www.bartleby.com/isbn_cover_images/9781337091985/9781337091985_smallCoverImage.gif)
Brief Principles of Macroeconomics (MindTap Cours…
Economics
ISBN:
9781337091985
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
![Macroeconomics: Private and Public Choice (MindTa…](https://www.bartleby.com/isbn_cover_images/9781305506756/9781305506756_smallCoverImage.gif)
Macroeconomics: Private and Public Choice (MindTa…
Economics
ISBN:
9781305506756
Author:
James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:
Cengage Learning
![Economics: Private and Public Choice (MindTap Cou…](https://www.bartleby.com/isbn_cover_images/9781305506725/9781305506725_smallCoverImage.gif)
Economics: Private and Public Choice (MindTap Cou…
Economics
ISBN:
9781305506725
Author:
James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:
Cengage Learning