Y5

Part 1 (1 point)See Hint Suppose that nominal GDP was $10000000.00 in 2005 in Orange County California. In 2015, nominal GDP was $11000000.00 in Orange County California. The price level rose 2.00% between 2005 and 2015, and population growth was 4.50%. Calculate the following figures for Orange County California between 2005 and 2015. Give all answers to two decimals. a. Nominal GDP growth was %. Part 2 (1 point)See Hint b. Economic growth was %. Part 3 (1 point)See Hint c. Inflation was %. Part 4 (1 point)See Hint d. Real GDP growth was %. Part 5 (1 point)See Hint e. Per capita GDP growth was %. Part 6 (1 point)See Hint f. Real per capita GDP growth was %.