From 2009 to 2010,per capita real gross domestic product (GDP) in the United States grew by 1.8 percent.Given that prices increased by 1 percent and the population grew by 1 percent,we know that nominal GDP grew by
A) 4.8 percent.
B) 1.8 percent.
C) 2.8 percent.
D) 3.8 percent.
E) 5.8 percent.
Correct Answer:
Verified
Q51: In 2007,per capita real gross domestic product
Q52: When computing economic growth,changes in nominal gross
Q53: In 2011,per capita real gross domestic product
Q54: Annual real per capita gross domestic product
Q55: In 2005,per capita real gross domestic product
Q57: In 1998,per capita real gross domestic product
Q58: In 2010,real gross domestic product (GDP)in the
Q59: In 2009,per capita real gross domestic product
Q60: In 2010,per capita real gross domestic product
Q61: An example of physical capital is
A) exhaust
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents