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

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

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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