Question
Use these figures for question 6-9: 2014 GDP = $17.5 trillion 2013 GDP = $16.8 trillion 2014 inflation = 1.0% 2014 US population = 317
Use these figures for question 6-9:
2014 GDP = $17.5 trillion 2013 GDP = $16.8 trillion
2014 inflation = 1.0% 2014 US population = 317 million
2014 number of workers = 146 million
Calculate for 2014:
- ___________ The percent increase in nominal GDP
- ___________ The percent increase in real GDP
- ___________ Nominal GDP per capita
- ___________ Productivity
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Managerial Economics
Authors: Mark Hirschey
14th edition
9781473709263, 1473709261, 1473717343, 1473717345, 978-1305506381
