Suppose our GDP were to rise from $15 trillion in 2008 to $25 trillion in 2018,when the GDP deflator is 125.And suppose that our population rose from 300 million in 2008 to 320 million in 2018.(1)How much is per capita real GDP in 2018;and (2)by what percentage did per capita real GDP rise between 2008 and 2018? Hint: Do the problem in four steps: (1)Find real GDP in 2018; (2)Find per capita real GDP in 2018; (3)Find per capita real GDP for 2008;and (4)Find the percentage rise in per capita real GDP between 2008 and 2018.
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Q304: Q309: If prices rise 75 percent since the Q310: If GDP rises from $4 trillion to Q311: If C = 3,000,depreciation = 450,G = Q312: Suppose our GDP were to rise from Q313: If national income is $4 trillion,depreciation is Q315: If prices rise 136 percent since the Q316: If prices fall 9 percent since the Q317: If the GDP deflator rises from 100 Q318: If the GDP deflator rises from 150
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