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The data in the table below show the total output (a mixture of consumer, capital, and government services) and prices of each product for
The data in the table below show the total output (a mixture of consumer, capital, and government services) and prices of each product for the distant country of Vindaloo. All figures are in billions of dollars and the base year is 2018. a. Complete the table below. Enter your responses rounded to one decimal place when needed 2018 $2.60 $2.30 $2.70 ll.e 12. ll.e 12.50 ll.e 8.e 75. 8a.e 80. oe 53.e 63. 53.e 73 .e 53.e Prices Prices I tem Hot dogs Farm tractors Parking meters Totals Nominal GDP Prices Year 218 Prices Year 218 Real GDP Prices Year 2018 Nominal GDP $119.6 1 le 318 947.6 Year 219 Year 202 Nominal GDP Real GDP b. The value of nominal GDP in 2019 is S when needed c. The value of real GDP in 2019 is S needed. and in 2020 is $ and in 2020 is S _ Enter your responses rounded to one decimal place Enter your responses rounded to one decimal place when d. The annual growth rate of nominal GDP in 2019 is decimal place when needed e. The annual growth rate of real GDP in 2019 is decimal place when needed % and in 2020 is % and in 2020 is Enter your responses rounded to one %_ Enter your responses rounded to one Suppose that the population of Vindaloo is as follows in the table. 218 29 million 219 30 million 22 31 million f. The real GDP per capita in 2018 is S nearest dollar. , in 2019 is s % and , and in 2020 is $ in 2020 iS g. The growth rate of real GDP per capita in 2019 is decimal place when needed _ Round your answers below to the Enter your responses rounded to one
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