hours per week Suppose that in year 1 nominal GOP for a country is $5,400 billion. The GDP price index is 1147, and the

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Hours Per Week Suppose That In Year 1 Nominal Gop For A Country Is 5 400 Billion The Gdp Price Index Is 1147 And The 1 (10.06 KiB) Viewed 16 times

hours per week Suppose that in year 1 nominal GOP for a country is $5,400 billion. The GDP price index is 1147, and the population is 100 million in year 1, the real wage sages $15 per hour and workers work 3 In year 2, this country's nominal GDP as 16.000 billion. The GOP price index is 115, and the population is now 105 million Assume that in year 2 the real wage averages $15 per hour and workers work 35 hours per week Calculate this nation's growth rate of real GDP per capita from year 1 to year 2 OA 55 percent OB. 6.6 percent OC 50 percent COD. 6.1 percent donar quiz