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Lu Problem Set Economic Growth A X Smartworks X G Suppose that nominal GDP was $ X + X C ncia.wwnorton.com/176739 #0 G +44 Part
Lu Problem Set Economic Growth A X Smartworks X G Suppose that nominal GDP was $ X + X C ncia.wwnorton.com/176739 #0 G +44 Part 4 (1 point) See Hint d. Real GDP growth was ' . Part 5 (1 point) See Hint e. Per capita GDP growth was %. Part 6 (1 point) See Hint f. Real per capita GDP growth was %. > 1st attempt 10 OF 16 QUESTIONS COMPLETED # VIEW SOLUTION SUBMIT ANSWER Type here to search O A O 12:04 PM G n 78% 76"F AGG 7/6/2022Lu Problem Set Economic Growth A X Smartworks X G Suppose that nominal GDP was $ X + X C Ancia.wwnorton.com/176739 G +44 Part 1 (1 point) See Hint Suppose that nominal GDP was $9750000.00 in 2005 in Fairfax County Virginia. In 2015, nominal GDP was $11000000.00 in Fairfax County Virginia. The price level rose 1.50% between 2005 and 2015, and population growth was 3.75%. Calculate the following figures for Fairfax County Virginia between 2005 and 2015. Give all answers to two decimals. a. Nominal GDP growth was %. Part 2 (1 point) See Hint b. Economic growth was %. Part 3 (1 point) See Hint C. Inflation was %. 10 OF 16 QUESTIONS COMPLETED # VIEW SOLUTION SUBMIT ANSWER Type here to search O 12:02 PM O A 79% 76"F 7/6/2022 LJ
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