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Given the following information, calculate NDP: GDP = $5 trillion and depreciation = $500 billion. Instructions: Round your answer to one decimal place NDP: $
Given the following information, calculate NDP: GDP = $5 trillion and depreciation = $500 billion. Instructions: Round your answer to one decimal place NDP: $ trillionIf national income is $7 trillion. depreciation is $400 billion, and indirect business taxes are $300 billion, how much are NDP and GDP? Instructions: Round your answers to one decimal place. NDP: $ trillion GDP: $ trillionSuppose the GDP of South Korea were to rise from $600 billion in 2005 to $1.5 trillion in 2020, when the GDP deflator is 150. And suppose that Korea's population rose from 40 million in 2005 to 50 million in 2020. a) How much is per capita real GDP in 2020? Instructions: Round your answers to the nearest whole number Per capita real GDP in 2020 $ (b) By what percentage did per capita real GDP rise between 2005 and 2020? Instructions: Round your answers to the nearest whole number. Percentage rise in per capita real GDP between 2005 and 2020Find per capita GDP when GDP is $1.5 trillion and population is 300 million. Per capita GDP: $If real GDP goes up by 3.7 percent and the GDP deflator goes up by 1.6 percent, find the percentage change in GDP Instructions: Round your answer to one decimal place. Percent change in the GDP is %
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