needed some help What was real per capita GDP in 1933 measured in 2013 prices? Use the data in the table below to compute your answer.Nominal GDP Population (in(in Billions)Nominal perPriceYearMillions)Capita GDPLevel1933$57126$4521002013$16,800310$54,1941,400Instructions: Round your response to the nearest whole number.%24

The per capita gross domestic product (GDP) is a financial measure that calculates a country's…

What was real per capita GDP in 1933 measured in 2013 prices? Use the data in the table below to compute your answer. Nominal GDP Population (in (in Billions) Nominal per Capita GDP Price Level Year Millions) 1933 $57 126 $452 100 2013 $16,800 310 $54,194 1,400

What was real per capita GDP in 1933 measured in 2013 prices? Use the data in the table below to compute your answer. Nominal GDP Population (in (in Billions) Nominal per Capita GDP Price Level Year Millions) 1933 $57 126 $452 100 2013 $16,800 310 $54,194 1,400

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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No written by hand solution 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. 201820192020Nominal GDP (in billions)$650$730$ GDP deflator (2010 = 100)112 121Real GDP (in billions)$ $617$ Population (in millions)44 45Real GDP per capita$ $13,854$14,349 b. The inflation rate in 2019 is %. c. The growth rate of real GDP per capita in the year 2020 is %.
Using the table below, determine the growth in real GDP from 1990 to 2005. Round your answer to the nearest whole percent. Year 1960 1975 1990 2005 Nominal GDP (billions of dollars) 543.3 1688.9 5979.6 13095.4 Real GDP (billions of 2005 dollars) 2859.5 4952.8 8225 13095.4
The table below shows the annual population and nominal total GDP for New Zealand. Based on the data, which of the following options are correct? Select one correct answer. 4 Year 2015 2016 New Zealand Key Figures GDP (Current US $) $ 178,064,471,137.92 $ 188,838,342,527.98 Population 4,609,400 4,714,100 O GDP per capita in 2016 was $40,058.20 GDP per capita fell by 3.70% in 2016 compared to the previous year O New Zealand's population and GDP both rose such that the overall GDP per capita growth rate was zero O GDP per capita rose by 3.56% in 2016 compared to the previous year
Using the data in the table below related to nominal GDP, real GDP, and total population, answer the questions for the time period 2010-2019: Year 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Nominal GDP (in Millions) $9,817,000 10,128,000 10,469,000 10,960,000 11,685,000 12,422,000 13,178,000 13,808,000 14,291,000 13,939,000 14,524,000 15,518,000 16,163,000 16,768,000 17,393,000 18,037,000 18,954,000 19,543,000 20,612,000 21,433,000 For 2019: Nominal GDP per capita = $ Real GDP per capita = $ Real GDP (in Millions) (2012 Base Year) % $13,131,000 13,262,000 13,493,000 13,879,000 14,406,000 14,913,000 15,338,000 15,626,000 15,605,000 Instructions: In part a, round your responses to the nearest dollar. In parts b and c, enter your responses as a percentage rounded to one decimal place. a. Calculate nominal and real GDP per capita for 2010 and 2019. For 2010: 15,209,000 15,599,000 15,841,000 16,197,000 16,495,000 16,912,000 17,432,000…
Use the data on U.S. real GDP below to compute real GDP per person for each year. Then use these numbers to compute the percentage increase in real GDP per person from 1993 to 2012. Year Real GDP (2009 prices) Population 1993 $9,510,800 million 257.8 million 2012 $15,470,700 million 313.85 million
Year Real GDP per Capita 1985 6,000 1986 6,300 1987 6,700 1988 7,200 1989 7,850 1990 8,250 1991 8,450 1992 8,550 1993 8,575 1994 8,510 1995 8,370 1996 8,100 1997 7,950 1998 7,925 1999 7,960 2000 8,035 2001 8,155 The information above describes the real GDP per capita for a country for the period from 1985 through to 2001. I.…
Given the statistics in the table below, which of the following statements is true? Bangaladesh GDP per person (2010 constant U.S. dollars) $1002.39 $1062.04 $1127.27 $1203.22 Year 2015 2016 2017 2018 Kenya GDP per person (2010 constant U.S. dollars) $1093.13 $1129.71 $1157.05 $1202.13 From 2015 to 2018, Kenya's standard of living always exceeded Bangladesh's standard of living. By the year 2018, Bangladesh had caught up with Kenya in terms of standard of living. From 2015 to 2018, Kenya's economic growth always exceeded Bangladesh's economic growth. From 2015 to 2018, Kenya's economic growth rate was always negative.
Consider a Melanesian island nation in the South Pacific, which had a population of 0.88 million in 2010. The table below presents the nominal GDP and the GDP deflator (based on 2005 being the base year) for the years 2010, 2015 and 2020.YearNominal GDP ($millions)GDP Deflator201017500103.7201518222104.8202018755105.9Over each 5-year period, there were no significant changes to goverment policies or capital investment, and the country experienced a net migration of 0%. However, over the first five years (2010 to 2015), the growth rate of births was 12.5% while the growth rate of deaths was 7.5%. This resulted in a 5% population growth. Over the second five years (2015 to 2020), health care significantly improved such that the growth rate of births increased to 15% while the growth rate of deaths decreased to 5%. In 2010 employment population ratio is 64%. What is the real GDP per worker in 2010.
(1) Use the data from the following table to calculate the GDP per capita of each country. The GDP per capita for Estonido and for Galicia in 2018 is Country Year GDP (billions in U.S. $) Population (millions) Estonido 2017 525.50 73 Galicia 1,658.00 118.25 Estonido 2018 721.75 78 Galicia 1,724.30 121.8 (a) $925 for Estonido and $1,412 for Galicia in 2017. (b) $9,253 for Estonido and $14,157 for Galicia in 2017. (c) $7,199 for Estonido and $14,021 for Galicia in 2017. (2) When calculating GDP as the sum total of all spending, which of the following should be included? (a) government purchases of labor, goods, and services. (b) government transfer payments. (c) savings. (3) For productivity to increase (a) the total number of hours worked has to increase. (b) the value of the production per hour worked has to increase. (c) the total production or output has to increase.
Suppose we have the following data given to us in this table. Year Real GDP Nominal GDP Population 2010 11,306 12,860 50 2020 12,844 13,382 47 Given this data, we would expect the quality of life to have increased by what percentage over the last 10 years? Answer this as a percentage and round your answer to two digits after the decimal without the percentage sign. ex. If you found the rate to be 5.125%, answer 5.13.
Please no written by hand and no image Use the table to answer the question. Nominal GDP GDP Deflator Population Year 1 $4000 100 500 Year 2 4500 110 525 Year 3 4750 115 600 What is the Nominal GDP per capita for Year 1?
The data in the table below show the total output (a mixture of consumer, capital, and government services) and the prices of each product for the distant country of Vindaloo. (All figures are in billions and the base year is 2018.) a. Complete the table below. 123456789101112 PricesNominal GDPQty2019 PricesNominal GDPReal GDPQty2020 Prices Nominal GDPReal GDPPizzas32$8$ 36$9$ $ 40$10$ $ Movie tickets226 248 268 Farm tractors4105 595 6110 Parking meters640 750 460 Totals 201820192020ltemQty2018 b. The value of nominal GDP in 2018 is $, in 2019 is $, and in 2020 is $. c. The value of real GDP in 2018 is $, in 2019 is $, and in 2020 is $. d. The value of the GDP deflator in 2018 is, in 2019 is, and in 2020 is. Answer to one decimal place. e. The inflation rate (using the GDP deflator) in 2019 is % and 2020 is %. Answer to one decimal place. f. Suppose that the representative consumer in Vindaloo buys 5 units of each consumer good. In this case the cost of the bundle in 2018 is $, in 2019…