The table below shows national data for the economy of Westfall. Round your intermediate calculations to one decimal place. Enter your responses rounded to one decimal place with the exception of Real GDP per capita that can be entered as a whole number. a. Fill in the blanks in the table below. Nominal GDP (in billions) GDP deflator (2010 = 100) Real GDP (in billions) Population (in millions) Real GDP per capita 196. $ S b. The inflation rate in 2019 is c. The growth rate of real GDP per capita in the year 2020 is [ 2018 $650 112 44 1%. 2019 $730 $617 $13,854 $ S 2828 121 45 $14,349
The table below shows national data for the economy of Westfall. Round your intermediate calculations to one decimal place. Enter your responses rounded to one decimal place with the exception of Real GDP per capita that can be entered as a whole number. a. Fill in the blanks in the table below. Nominal GDP (in billions) GDP deflator (2010 = 100) Real GDP (in billions) Population (in millions) Real GDP per capita 196. $ S b. The inflation rate in 2019 is c. The growth rate of real GDP per capita in the year 2020 is [ 2018 $650 112 44 1%. 2019 $730 $617 $13,854 $ S 2828 121 45 $14,349
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:The table below shows national data for the economy of Westfall. Round your intermediate calculations to one decimal place. Enter
your responses rounded to one decimal place with the exception of Real GDP per capita that can be entered as a whole number.
a. Fill in the blanks in the table below.
Nominal GDP (in billions)
GDP deflator (2010) = 100)
Real GDP (in billions)
Population (in millions)
Real GDP per capita
196.
b. The inflation rate in 2019 is
c. The growth rate of real GDP per capita in the year 2020 is
$
$
2018
$650
112
44
2019
$730
$617
$13,854
of 44
$
$
2020
121
45
$14,349
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