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Suppose that nominal GDP was $9750000.00in 2005 inMidland County Texas. In 2015, nominal GDP was $11000000.00inMidland County Texas. The price level rose1.00% between 2005 and

Suppose that nominal GDP was $9750000.00in 2005 inMidland County Texas. In 2015, nominal GDP was $11000000.00inMidland County Texas. The price level rose1.00% between 2005 and 2015, and population growth was3.50%. Calculate the following figures forMidland County Texasbetween 2005 and 2015. Give all answers to two decimals.

a. Nominal GDP growth was%.

Part 2

b. Economic growth was%.

Part 3

c. Inflation was%.

Part 4

d. Real GDP growth was%.

Part 5

e. Per capita GDP growth was%.

Part 6

f. Real per capita GDP growth was%.

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