question 10......Suppose a
country a real GDP of $100. What will the size of the GDP be after
3 years if the economy grows by 2.5% each year?
Homework Answers
Answer b)
Add Answer to:
question 10......Suppose a
country a real GDP of $100. What will the size of the GDP...
Suppose a country's real GDP is $14 trillion and that population is 200 million
Suppose a country's real GDP is $14 trillion and that population is 200 million Instructions: Enter your answers as whole numbers a. What is this country's real GDP per capita? Suppose that during the next 10 years, real GDP grows by half and population triples in the country. b. After 10 years have passed, what will be this country's real GDP per capita?
Suppose a country's real GDP is $18 trillion and that population is 300 million.
Suppose a country's real GDP is $18 trillion and that population is 300 million. Instructions: Enter your answers as whole numbers. a. What is this country's real GDP per capita? Suppose that during the next 10 years, real GDP grows by half and population triples in the country. b. After 10 years have passed, what will be this country's real GDP per capita?
Question 10 2 pts Consider the country of Scott-opolis. This country has a real GDP of...
Question 10 2 pts Consider the country of Scott-opolis. This country has a real GDP of $1,000,000,000 in 2019 and then $1,020,000,000 in 2020. The population growth was 1% from 2019 to 2020. Given these numbers, how long would it take for the country to double its real GDP? 20 years 28 years 35 years 56 years Never Question 11 2 pts For the country of Scott-opolis, how long would it take for the country to double its real GDP...
20. In year 0, Country A has a real GDP per capita of $1,200. If Country...
20. In year 0, Country A has a real GDP per capita of $1,200. If Country A grows at a constant rate of 2% per year and Country A's population remains constant, what is Country A's real GDP per capita by year 20? (Round to the nearest dollar.)
Question 2 [4 points] Consider two countries with the same level of potential GDP, say $100...
Question 2 [4 points] Consider two countries with the same level of potential GDP, say $100 billion, today. Suppose potential GDP grows at an annual rate of 5.5 percent in Country One and 2.6 percent in Country Two. Based on this information: Note: The growth rates will compound to determine real GDP. Keep as much precision as possible during your calculations. Your final answer should be accurate to at least two decimal places. (a) What will the potential GDP be...
Country Able and Country Baker initially have the same real GDP per capita. Country Able experiences...
Country Able and Country Baker initially have the same real GDP per capita. Country Able experiences no economic growth, while Country Baker grows at a sustained rate of 7 percent. In 12 years, Country Baker's GDP will be approximately ___________ that of Country Able. Question 14 options: 1) triple 2) double 3) one-half 4) one-fourth
1. Real GDP per person in both Zagland and Gaelland equals $2,000. Over the next 100...
1. Real GDP per person in both Zagland and Gaelland equals $2,000. Over the next 100 years real GDP per person grows at 1.5 percent annual rate in Gaelland and at a 2.5 percent annual rate in Zagland. After 100 years real GDP person in Gaelland is ______ smaller than real GDP per person in Zagland. * $2,000 $7,382 $14,763 $24,954
Country A starts with real GDP per capita equal to $ 40,000 and Country B starts with real GDP per capita equal to $ 2,000 .
Country A starts with real GDP per capita equal to $ 40,000 and Country B starts with real GDP per capita equal to $ 2,000 .Today the RGDP per capita in A is _______ times the value in B.Country A is growing at a rate of 3.5 % per year and Country B is growing at a rate of 7 % per year. Assume these growth rates do not change.Country A will double its RGDP per capita in _______ years...
14) Suppose a country has a real GDP per capita of $2800 in 2010 and its...
14) Suppose a country has a real GDP per capita of $2800 in 2010 and its real GDP per capita grows to $4,000 in 2016. What is the annual growth rate in this period? A) 4.125% B) 4.500% C) 5.125% D) 5.500% E) 6.125% Page 14 Principles of macroeconomics, midterm
Country A starts with real GDP per capita equal to $40,000 and Country B starts with...
Country A starts with real GDP per capita equal to $40,000 and Country B starts with real GDP per capita equal to $2,000. Today the RGDP per capita in A is ___ times the value in B. Country A is growing at a rate of 3.5% per year and Country B is growing at a rate of 7% per year. Assume these growth rates do not change. Country A will double its RGDP per capita in _____ years and country...
Question 10 2 pts Consider the country of Scott-opolis. This country has a real GDP of $1,000,000,000 in 2019 and then $1,020,000,000 in 2020. The population growth was 1% from 2019 to 2020. Given these numbers, how long would it take for the country to double its real GDP? 20 years 28 years 35 years 56 years Never Question 11 2 pts For the country of Scott-opolis, how long would it take for the country to double its real GDP...
Question 2 [4 points] Consider two countries with the same level of potential GDP, say $100 billion, today. Suppose potential GDP grows at an annual rate of 5.5 percent in Country One and 2.6 percent in Country Two. Based on this information: Note: The growth rates will compound to determine real GDP. Keep as much precision as possible during your calculations. Your final answer should be accurate to at least two decimal places. (a) What will the potential GDP be...
14) Suppose a country has a real GDP per capita of $2800 in 2010 and its real GDP per capita grows to $4,000 in 2016. What is the annual growth rate in this period? A) 4.125% B) 4.500% C) 5.125% D) 5.500% E) 6.125% Page 14 Principles of macroeconomics, midterm
Most questions answered within 3 hours.
-
Why PWM using H-bridge for control motor speed is more power
effiecient than the linear amplifier...
asked 7 minutes ago -
In 1999, Carly Fiorina famously said,"I hope that we are at a
point that everyone is...
asked 10 minutes ago -
Individuals in a species of moth vary in wing color from white to
black, but all...
asked 23 minutes ago -
The following standards for variable manufacturing overhead have
been established for a company that makes only...
asked 35 minutes ago -
The United States government wanted to determine what proportion
of Americans approve of the current president,...
asked 50 minutes ago -
2-N stone is dropped from the top of a cliff. The stone hits the
ground 3...
asked 50 minutes ago -
Vitamins participate in metabolic reactions in their coenzyme
forms . Match the following reactions to the respective...
asked 52 minutes ago -
We have developed a new mobile device and wish to gain insight
into the price that...
asked 1 hour ago -
12.8 ml of a solution is run into an empty flask, from a buret.
The mass...
asked 1 hour ago -
Using java:
Use the following starter code:
public class HandsOn01 {
public //// insert your code...
asked 1 hour ago -
Two speakers are placed along a wall 3 m apart. They are in
phase and emitting...
asked 1 hour ago -
Determine the magnitude of the complex number z = 3 – j * 4
using the...
asked 1 hour ago