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QUESTION 4 2 points Save Answer We can use the rule of 70 in reverse. Kenya has a real GDP per capita is $2,000 and
QUESTION 4 2 points Save Answer We can use the rule of 70 in reverse. Kenya has a real GDP per capita is $2,000 and it took 10 years for it to double to $4,000. What was the growth rate over the time period? (Enter 9 for 9%, not 0.09) QUESTION 6 2 points Save A Consider the following table of GDP in Stamfordia. Year Nominal GDP Deflator GDP (in (2015=100) billions) 2015 236 100 2016 278 120 2017 254 119 2018 295 125 2019 300 124 2020 325 130 What is the nominal GDP growth in Stamfordia in 2017? (Round to two decimals. Input percentage as a number, i.e. enter 9.99% as 9.99 not 0.0999)
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