Part 1 1 Point Suppose That Nominal Gdp Was 10000000 00 In 2005 In Fairfax County Virginia In 2015 Nominal Gdp Was 1 (73.09 KiB) Viewed 25 times
Part 1 (1 point) Suppose that nominal GDP was $10000000.00 in 2005 in Fairfax County Virginia. In 2015, nominal GDP was $11250000.00 in Fairfax County Virginia. The price level rose 1.50% between 2005 and 2015, and population growth was 3.50%. Calculate the following figures for Fairfax County Virginia between 2005 and 2015. Give all answers to two decimals. a. Nominal GDP growth was Feedback 12.5 Part 2 (1 point) * Feedback b. Economic growth was x 12.5 %. %.
Part 2 (1 point) b. Economic growth was Part 3 (1 point) c. Inflation was 1.50 Part 4 (1 point) d. Real GDP growth was Feedback 12.5 Feedback %. Feedback 11 %. %.
Part 4 (1 point) d. Real GDP growth was Part 5 (1 point) e. Per capita GDP growth was Part 6 (1 point) Feedback 11 Feedback 3.57 Feedback f. Real per capita GDP growth was %. 3.14 %. %.
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