Russias real GDP (in U.S. dollars) was $2.017 trillion in 2012 and $2.097 trillion in 2013. Russias

Question:

Russia’s real GDP (in U.S. dollars) was $2.017 trillion in 2012 and $2.097 trillion in 2013.

Russia’s population was 143.2 million in 2012 and 143.5 million in 2013. Calculate

a. The growth rate of real GDP.

b. The growth rate of real GDP per person.

c. The approximate number of years it will take for real GDP per person in Russia to double if the current growth rate of real GDP is maintained.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Macroeconomics

ISBN: 125367

12th Global Edition

Authors: Michael Parkin

See More Books

Question Posted: Nov 05, 2024 04:00 AM

See More Questions

a. Brazil's real GDP was 1,180 trillion reais in 2013 an d 1,202 trillion reais in 2014. Brazil's population was 198 million in 2013 and 200 million in 2014. Calculate: i. The growth rate of real...
Please see attached files for questions Year Real GDP (billions of 2005 dollars) 2010 100.0 2011 110.0 2012 121.0 2013 133.1 1.The above table gives a nation's real GDP. What is the growth rate of...
Attached is the assignment requirement and 2 previous assignments as example 1- the assignment should be zero plagiarism and similarity (no copy ans paste is accepted) 2- should be completed in the...
Which of the following is not one of the techniques used in webmining? a. Content mining b. Structure mining c. Server mining d. Usage mining e. Data mining Which of the following would you use to...
If the maintenance fees for a lighthouse are paid in full each year by charging port fees, then the lighthouse is Select one: a. Rivalrous and excludable b. Nonrivalrous and excludable c. Rivalrous...
Consider the springtime melting of ice in the mountains, which gives cold water running in a river at 34 F while the air temperature is 68 F. What is the availability of the water (SSSF) relative to...
Russias real GDP (in U.S. dollars) was $2.017 trillion in 2012 and $2.097 trillion in 2013. Russias population was 143.2 million in 2012 and 143.5 million in 2013. Calculate a. The growth rate of...
The Cash account of Rampart Corp. reported a balance of $2,540 at October 31. Included were outstanding checks totaling $900 and an October 31 deposit of $400 that did not appear on the bank...
discuss the implications and limitations of situational leadership model developed by Hersey and Blanchard
Turkeys real GDP (in U.S. dollars) was $788.9 billion in 2012 and $822.1 billion in 2013. Turkeys population was 74 million in 2012 and 74.93 million in 2013. Calculate a. The growth rate of GDP b....
The New World Order While gross domestic product growth is picking up a bit in emerging market economies, it is picking up even more in the advanced economies. Real GDP in the emerging market...
Home Station is a national home improvement chain with more than 100 stores throughout the country. The manager of each store receives a salary plus a bonus equal to a percent of the stores net...
Bookmark question for later New Edgemere Company has this asset section of its common-size balance sheets for Year 1 and Year 2: Year 1 Year 2 Cash 4% 4% Accounts Receivable 15% 25% Inventory 30% 21%...
Lars acquired a new network system on June 5, 2023 (five-year class property), for $75,000. She expects taxable income from the business will always be about $175,000 without regard to the $179...
Lars acquired a new network system on June 5, 2021 (five-year class property), for $75,000. She expects taxable income from the business will always be about $175,000 without regard to the $179...
Michael is the sole proprietor of a small business. In June 2020, his business income is $12,000 before consideration of any $179 deduction. He spends $245,000 on furniture and equipment in 2020. If...
4 5 points Skipped Michael is the sole proprietor of a small business. In June 2020, his business income is $12,000 before consideration of any 179 deduction. He spends $245,000 on furniture and...
Two strings on a musical instrument are tuned to play at 392 Hz (G) and 440 Hz (A). (a) What are the frequencies of the first two overtones for each string? (b) If the two strings have the same...
What are some of the features of the Unified Process (UP)?

Russias real GDP (in U.S. dollars) was $2.017 trillion in 2012 and $2.097 trillion in 2013. Russias

Question:

Step by Step Answer:

Macroeconomics

Students also viewed these Business questions