Question
Year Nominal GDP (Billions) Gdp Deflator Population CPI Medium Family Income 2017 2,102.57 115.006 36.514 130.658 84,950 2016 2,018.68 112.53 36.188 128.247 82,110 2015 1,985.65
Year | Nominal GDP (Billions) | Gdp Deflator | Population | CPI | Medium Family Income |
2017 | 2,102.57 | 115.006 | 36.514 | 130.658 | 84,950 |
2016 | 2,018.68 | 112.53 | 36.188 | 128.247 | 82,110 |
2015 | 1,985.65 | 112.295 | 35.825 | 126.542 | 80,940 |
2014 | 1,973.04 | 112.893 | 35.497 | 125.158 | 78,570 |
2013 | 1,892.19 | 110.944 | 35.102 | 122.8 | 76,550 |
2012 | 1,822.81 | 109.247 | 34.699 | 121.675 | 74,540 |
2011 | 1,769.92 | 107.929 | 34.303 | 119.842 | 72,240 |
2010 | 1,662.13 | 104.539 | 33.959 | 116.475 | 69,860 |
2009 | 1,567.37 | 101.619 | 33.581 | 114.45 | 68,410 |
2008 | 1,652.92 | 104.005 | 33.199 | 114.108 | 68,860 |
2007 | 1,573.53 | 100 | 32.848 | 111.45 | 66,550 |
2006 | 1,492.21 | 96.788 | 32.529 | 109.125 | 63,600 |
2005 | 1,417.03 | 94.323 | 32.203 | 106.967 | 60,600 |
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- Calculate and state the following for the years shown for the Canadian economy: the rates of growth (% per year) of
- nominal GDP;
- real GDP;
- real GDP per capita.
- Real Medium family income
(Provide the raw data for all the years and show your work at least once for each category.)
- Plot all your results calculated in ( 1 ) above on one graph. Must use graph paper and utilize the entire page. (Use a time series graph.)
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