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Suppose that nominal GDP was $10000000.00 in 2005 in Midland County Texas. In 2015, nominal GDP was $11750000.00 in Midland County Texas. The price level

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Suppose that nominal GDP was $10000000.00 in 2005 in Midland County Texas. In 2015, nominal GDP was $11750000.00 in Midland County Texas. The price level rose 3.00% between 2005 and 2015, and population growth was 4.00%. Calculate the following figures for Midland County Texas between 2005 and 2015. Give all answers to two decimals. a. Nominal GDP growth was %\f%. b. Economic growth was

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