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3 years ago

If real GDP grew by 6 percent and population grew by 2 percent, then real GDP per person grew by approximately ______ percent.

Business

1 answer:

Novay_Z [31]3 years ago

3 0

Answer:

Explanation:

Real GDP per person is a measure of the economic wellbeing of the populace of a country.

Real GDP per person = Real GDP / population

6% / 2% = 3%

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Real GDP is GDP calculated using base year prices. Real GDP has been adjusted for inflation.

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Answer:

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Explanation:

The given question is incomplete. Please find attachment of the complete question.

According to the question, the given values are:

Port's expected return,

$R_p=12 \ percent$

T-bill's expected return,

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Port's weight,

$W_p=80 \ percent \ i.e.,\ 0.80$

T-bill's weight,

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Note: percent = %

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Answer:

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Answer:

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