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bezimeni [28]
3 years ago
13

What was real per capita GDP in 1933 measured in 2008 prices? (Use the data in the table below and a price index of 100/1400 to

compute your answer.)
Year Nominal GDP Population Nominal per capita GDP
1933 $ 56 billion 126 million $ 444
2008 14,369 billion 300 million 47,897

Instructions: Enter your response as a whole number. i need help,
Business
1 answer:
Artist 52 [7]3 years ago
7 0
There is some information in the table that is not needed in this problem. To find real per capita GDP in 1933 measured in 2008 prices, just multiply Nominal per capita GDP in 1933 by how many times expensive the prices are in 2008 than they were in 1933. The solution is $444 x 14 = $6,216. So, the answer is $6,216.
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The answer is directors.

<h3>What entity elects the board of directors for a corporation?</h3>
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5 0
10 months ago
You price a product at $100. Its cost you s60 to make. What is your percentage margin?
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4 0
3 years ago
What amount needs to be invested today at 6% simple interest in order to have $4000 in 2 years?
garri49 [273]
Data:
A (amount) = ?
P (Principal) = $ 4000
r (rate) = 6% → 0.06
t (time) = 2 years

Formula:
A = P(1+r*t)

Solving:
A = P(1+r*t)
A = 4000(1+0.06*2)
A = 4000(1+0.12)
A = 4000*1.12
\boxed{\boxed{A = \$\:4480}}\end{array}}\qquad\quad\checkmark


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