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sladkih [1.3K]
1 year ago
15

if inflation was 3% per year, nominal gdp was growing at 8% per year, and population was growing at 2% per year, what was the gr

owth rate of real gdp per capita?
Business
1 answer:
eduard1 year ago
5 0

GDP nominal: a measure of economic value that takes into account the current market prices of all economic outputs.

Real GDP x GDP Deflator is the nominal GDP.

<h3>How is the real inflation rate calculated?</h3>

The estimation which factors expansion to get genuine Gross domestic product is as displayed underneath: The base year in this formula is the chosen year for which the government conducts periodic updates and is also used when comparing economic data like the GDP. Real GDP = GDP/ (1 + inflation since base year)

<h3>How is the real GDP growth rate calculated?</h3>

The percentage change in real GDP per capita between two consecutive years is used to calculate the annual growth rate of real GDP per capita. A country's or region's real GDP per capita is calculated by dividing GDP at constant prices by the population.

Learn more about GDP here:

brainly.com/question/1383956

#SPJ4          

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Answer:

22.22%

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These:

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I hope it helped you!
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Answer:

a. is that the advertiser has no control over where the ad appears in the newspaper.

Explanation:

Run-of-paper (ROP) is another term for advertisement in the newspaper. The main feature of this type of advertisement is that it costs very low and the ad can be placed anywhere on the paper.

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8 0
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Answer:

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Explanation:

Common knowledge

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Boyd Docker has just rented space in a strip mall. In this space, he will open a photography studio, to be called SnapShot! A fr
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However, by way of rule, a normal balance increases the account and on the opposite of that account, the amount decreases so as to obtain a balance in its rightful position.

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