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Suppose that nominal GDP was $9000000.00 in 2005 in Midland County Texas. In 2015, nominal GDP was $11750000.00 in Midland County Texas. The price level

Suppose that nominal GDP was $9000000.00 in 2005 in Midland County Texas. In 2015, nominal GDP was $11750000.00 in Midland County Texas. The price level rose 2.50% between 2005 and 2015, and population growth was 3.25%. Calculate the following figures for Midland County Texas between 2005 and 2015. Give all answers to two decimals. a. Nominal GDP growth was %.b. Economic growth was %.%. c. Inflation was%. d. Real GDP growth wase. Per capita GDP growth was %.f. Real per capita GDP growth was %

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